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U.S. Cities where Rents are Dropping — and where They’re Going up: Report People have been on the move since the Covid-19 pandemic hit. With remote work at play, many are leaving expensive cities like New York, Los Angeles and Chicago for the suburbs or for more affordable cities like Austin, … [Read more...] about Commercial Real Estate & Business News – May 11, 2021

Food Truck Permits, Business Licenses Loom Coming soon to Mesa: Business licenses and food truck permits. While Mesa has plenty of food trucks slinging tacos and burgers – notably at the Feastable Forrest every Saturday evening at Pioneer Park – they are currently considered “peddlers. After a … [Read more...] about Commercial Real Estate & Business News – May 10, 2021

Phoenix Tops US in Net Migration For Third Straight Year Phoenix has maintained its ranking as the top metropolitan area in the nation for net migration for a third consecutive year, according to the latest data from the U.S. Census Bureau. Multifamily landlords and homeowners welcomed the nearly … [Read more...] about Commercial Real Estate & Business News – May 7, 2021

Foreign CRE Investors Plan to Increase US Allocations AFIRE, the Association of Foreign Investors in Real Estate, just released its 2021 survey. The results show that 60% of responding investors expect to increase their investment volume this year. The online survey was of 101 respondents from 19 … [Read more...] about Commercial Real Estate & Business News – May 6, 2021

Here are the Commercial Real Estate Trends that Favor Arizona More than a year into the pandemic, with vaccines rolling out and the U.S. economy aided by the injection of $1.9 trillion, outlooks show signs of overall stabilization, albeit at a slow pace. Nuveen Real Estate, a TIAA company, has … [Read more...] about Commercial Real Estate & Business News – May 5, 2021