Tucson Multifamily Remains Hot
By Gabriela Rico for Arizona Daily Star Investor interest in Tucson’s upper-end apartment complexes has been high for several years and, while there was some breath-holding at the start of the pandemic, millions of dollars worth of transactions have transpired in the past few months. Investors are focused on the high-wage jobs the city has […]
Infrastructure Challenges and Opportunities
By Roland Murphy for Arizona Builder’s Exchange The economy is strong on paper with excellent stats on stocks and employment, even if the benefits the average American usually enjoys in those circumstances, such as wage growth and competitive options, are still lagging. While investment abounds, the ongoing and increasingly rancorous battles between the President, Congress […]
PHX a Top 10 Market for New Office Supply
By Roland Murphy for Arizona Builder’s Exchange It’s no surprise to office renters or investors that the Phoenix-area market is hot. A recent report from CommercialCafé, relying on data from Yardi Matrix and Property Shark, however, shows just how much heat the market has generated over the past decade. The study looked at space in […]
Ariz.’s 1st Crowdfunded RE Company Launches
By Roland Murphy for Arizona Builder’s Exchange Sometimes you come across a story that’s really something groundbreaking, interesting and that has the potential to be a game changer in important areas you cover. Most long-time reporters will tell you there are two great sources of frustration in doing their job. The first is trying to […]
More Growth Ahead for Seniors Housing
By Beth Mattson-Teig for National Real Estate Investor The development boom underway in the seniors housing space has not put a damper on confidence. Exclusive survey results from the fourth annual NREI / NIC Seniors Housing Market Study indicate a more positive outlook across the board on questions related to improving fundamentals, access to capital and transaction […]
Investment Report Shows Q2 Improvement
Source: Colliers International in Greater Phoenix Colliers International in Greater Phoenix has released its Investment Report for Q2, and things are generally looking up. Investment Overview After a slow start to 2017, many of the trends that emerged during the first quarter reversed course during the second quarter. More properties sold, prices trended higher and […]
Groups Concerned, Hopeful About Const. Jobs
By Roland Murphy for Arizona Builder’s Exchange Construction added 11,000 new jobs in May, according to the U.S. Bureau of Labor Statistics. While that puts the overall number at 6,881,000 – its highest point since late 2008 – leading industry groups remain concerned about the state of the labor market, particularly when it comes to […]