• Skip to primary navigation
  • Skip to main content
       480-612-0384        nick@nickminer.com                     

Nick Miner, CCIM

  • Home
  • News/Blog
  • Properties
    • Listings
    • Recent Transactions
  • Market Reports
  • About
  • Contact
  • Consulting

Commercial Real Estate & Business News – November 6, 2014

November 6, 2014 by Nick Miner, CCIM   No comments   Filed Under: Daily News

CRE Remains Bright Spot In Flat September for U.S. Construction

Spending on office, hotel, retail and other commercial real estate projects provided a strong lift during an otherwise flat September for U.S. construction spending, according to the latest government figures. Overall nonresidential construction spending slipped a seasonally adjusted 1% to a preliminary $596 billion in September from the previous month, but still managed to increase 4.2% on a year-over-year basis… Read more »

American Realty Capital Pays $110 Million For Freeport-Mcmoran Center

In a transaction that is the highest price per foot ever paid for class A office space in the Valley, industry sources say American Realty Capital Properties Inc. in New York City, N.Y. (NASDAQ:ARCP) has paid $110 million ($441.47 per foot) to acquire the Freeport McMoRan Center office project in downtown Phoenix. The 249,000 sq. ft. of office space comprises the top eight floors of a 26-story hotel-office building located at the northeast corner of Central Avenue and Van Buren Street… Read more »

Sales of Newly Built Apartments Hint at Speed of Cycle Maturity

Developers looking for a supply-cycle indicator should take a peek at sales of newly developed buildings. At the beginning of the supply cycle, developers typically find ready buyers eager to bid up prices in expectation of strong returns. As the cycle matures, prices gradually decelerate, even as sales of newly developed buildings continue to grow… Read more »

Seeing Similarities to 2007, CRE Industry Debates Whether We?re Midway or Late in This Upcycle

The year 2007 still casts a long shadow over today?s commercial real estate market. Nearly every discussion among commercial real estate pros involving cap rates, investment sales volume, price/square foot, loan underwriting, vacancy, etc. ties today?s values back to the previous market peak, just before it all collapsed after the bubble in housing values burst. As we enter the final quarter of 2014, it?s inevitable that… Read more »

Experts: Multifamily Financing Will Be Ample Next Year

It?s pretty nice to have Kevin Finkel?s job right now. As executive vice president at Philadelphia-based Resource Real Estate, as well as chief operating officer for the company?s Opportunity REIT funds, there are a lot of people trying to get his attention. And almost all of them have fistfuls of cash. ?There?s more money than you could ever imagine looking for real estate assets right now,?… Read more »

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Nick Miner, CCIM

ORION Investment Real Estate
7150 E. Camelback Road
Suite 425
Scottsdale, AZ 85251

480-226-8037
nick@nickminer.com

FOLLOW NICK ON TWITTER

  • Commercial Real Estate & Business News – January 21, 2021 #Phoenix #AZ #CRE #news 1-21-2021 https://t.co/AZIzNAbNw6 via @nickminer about 9 hours ago
  • Commercial Real Estate & Business News – January 20, 2021 #Phoenix #AZ #CRE #news 1-20-2021 https://t.co/lwE8ldMIxh via @nickminer 07:24:24 AM January 20, 2021
@nickminer

Site Library

SITE CATEGORIES