Sports, entertainment corridors driving Valley development, experts sayThe throngs of fans who attend spring training baseball games in the Valley generate hundred of millions of dollars in economic impact but may also be influencing future development of "entertainment corridors" in areas around … [Read more...] about Commercial Real Estate & Business News March 25, 2019

Apartment Rent Growth Trends Continue in Early 2019 as Phoenix Enjoys a 'Golden Age' for Multifamily PropertyPhoenix has consistently ranked among the top multifamily rent growth markets in the nation in recent years, and strong rent gains early in 2019 indicate no change in that trend is expected … [Read more...] about Commercial Real Estate & Business News March 22, 2019

Nation's Largest Homebuilder Gobbling Up Big Chunks of Valley LandLennar Corp. (NYSE: LEN) is busy gobbling up land in metro Phoenix and there's no indication the Miami-based homebuilder will slow down any time soon. "We are certainly committed to this market," said Jeff Gunderson, senior vice … [Read more...] about Commercial Real Estate & Business News March 21, 2019

Bioscience Is Creating a More Stable Market in PhoenixBioscience and life science are growing rapidly in Phoenix, and the industries are fueling local economic, job and population growth. In the long-term, they will also ensure more stability for Phoenix-an important characteristic for a market that … [Read more...] about Commercial Real Estate & Business News March 20, 2019

Where Are Cap Rates Going in the Four Core Property Sectors?With late 2018 jitters gone and investor optimism returning, the commercial real estate market should experience mostly steady cap rates through the first half of 2019, although there are particular market segments and geographies that … [Read more...] about Commercial Real Estate & Business News March 19, 2019

Why U.S. Apartment Rentals Will Continue to be a Good Investment ChoiceA major and unprecedented structural shift has occurred in the real estate market due to a variety of demographic and socioeconomic factors. Occupied U.S. rental apartment units rose by 20 percent above the prior 10-year period. … [Read more...] about Commercial Real Estate & Business News March 18, 2019