Multifamily Report Shows Sector’s Uncertainty
Source: ABI Multifamily ABI Multifamily has published its Q1 2020 Phoenix Multifamily Quarterly Report. And while the start of 2020 was strong, with rent growth, healthy occupancy rates, lower cost of living, and high renter demand all pointing to another extraordinary year, the future has yet to tell how the multifamily industry will be impacted by the COVID-19 global pandemic. With […]
PHX Multifamily Still Appealing
By Roland Murphy for Arizona Builder’s Exchange Institutional investors are actively seeking multifamily opportunities in the Phoenix area, and that trend shows no sign of slowing down in the near term, according to the “ABInsight Phoenix MSA 2Q 2018” market report published this week by ABI Multifamily. In the report, ABI Director of Research Thomas […]
3 Major CRE Sectors Show Continued Strength
By Roland Murphy for Arizona Builder’s Exchange Cushman & Wakefield last week issued their Q4 2017 Metro Phoenix MarketBeat reports for Industrial, Office and Retail, noting high degrees of activity across all three sectors. Industrial Industrial posted an overall vacancy rate of 7.9 percent for the quarter. Twelve of the 17 submarkets showed positive absorption […]
K12 Market Study Shows Irregularities
By Roland Murphy for Arizona Builder’s Exchange As a reporter and editor, it’s always a strange situation to report on your own organization. Objectivity is impossible, and the temptation to inject opinion is hard to resist. We have spent the past several months hip deep in procurement data, legislative/regulatory review and all manner of associated […]
RE Optimistic Though “Trump Bump” Fades
By Roland Murphy for Arizona Builder’s Exchange With the uncertainty of the U.S. presidential election over and promises of major infrastructure investment soon to come, the national real estate market experienced a pronounced bump in optimism between midyear 2016 and year end. Halfway through 2017, though that optimism has tempered somewhat, the industry experts have […]