Goldman Eyes Real Estate Investments Away from Coastal Cities Institutional investors see opportunities in real estate in mid-size U.S. cities away from the coasts. Goldman Sachs Group Inc. is eyeing markets including Denver, Austin and Nashville, Jeffrey Fine, a managing director at the firm's … [Read more...] about Commercial Real Estate & Business News November 18, 2019
SOLD: Jack in the Box Across from Banner University Medical | Phoenix Arizona
PHOENIX – Situated on the northeast hard corner of 13th Street and McDowell Road, the 1,835 square foot, freestanding building closed for $735,000, or $401 per square foot. Across from the project is Banner University Medical, which expanded last year with $417.9 million in upgrades. The Jack in the … [Read more...] about SOLD: Jack in the Box Across from Banner University Medical | Phoenix Arizona
Commercial Real Estate & Business News November 15, 2019
LivCor Pays $43M for Phoenix Asset In a $43 million deal, the P.B. Bell Cos. has sold Solis at Towne Center, a 240-unit Class A community near Phoenix, according to Yardi Matrix. LivCor, the buyer, assumed the outstanding balance of a $20.2 million loan from Allstate taken by the seller in … [Read more...] about Commercial Real Estate & Business News November 15, 2019
FOR SALE: Midtown Phoenix Redevelopment Opportunity | Central & Camelback
Drone Video Property Details Price$2,400,000Total Lot Size30,155 SF Description Redevelopment Opportunity Available at Central Avenue and Camelback Road. Highlights C-2 Zoning Allows for Several Potential Uses including Apartment, Senior Housing, Hotels, etc. TOD Overlay … [Read more...] about FOR SALE: Midtown Phoenix Redevelopment Opportunity | Central & Camelback
Commercial Real Estate & Business News November 14, 2019
Exclusive Research: Light at the End of the Tunnel? In a seemingly interminable procession, one venerable retail chain after another shuts down stores, restructures under bankruptcy protection or closes shop entirely. (In some cases, it's been all of the above.) Retail real estate owners and … [Read more...] about Commercial Real Estate & Business News November 14, 2019
Commercial Real Estate & Business News November 13, 2019
This Year Could Break a Record for Multifamily Sales Volume Despite concerns about potentially slowing economic growth and new rent control laws around the country, investors continue to go after apartment properties. The volume of U.S. multifamily acquisitions in the first nine months of 2019 … [Read more...] about Commercial Real Estate & Business News November 13, 2019