January 6, 2021

As the COVID-19 battle moves into its second year, a survey of multifamily industry leaders said timely rent payment was the most challenging issue of 2020. Optimism about rent growth and the overall economy dropped to the lowest levels in a decade among respondents in an annual survey by J Turner Research

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A partnership of real estate private equity firm Ascentris and developer Cypress Office Properties bought a new office in Tempe, Arizona, one of Phoenix’s strongest and highest-profile office districts. Denver-based Ascentris and Cypress, based in San Diego, bought the 169,223-square-foot building

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This is the fourth installment of our economist Q&A series, as we work to answer the top 2021 housing market questions. Every Tuesday in December, HousingWire interviewed a top economist in the HW+ Slack channel. The 2021 housing market forecasts have focused on everything from

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People were on the move in 2020, and Phoenix was in the top 10 U.S. cities for inbound growth. To measure the changes, New York City-based relocation services provider Updater analyzed a random sampling of 1.5 million h​ousehold moves across the United States that took place from January

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January 5, 2021

As Hank Nicholas, national business leader of Project Finance and Affordable Housing Divisions for KeyBank Real Estate Capital, looks at the year ahead, he’s keenly aware of the risks lingering in the market. Whether it is market risks around primary, secondary and tertiary markets

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MDH Partners has purchased roughly 41 acres in Goodyear, Ariz. for an undisclosed amount. The Atlanta-based commercial real estate development firm plans to construct a two-building speculative industrial project called Gateway 303.Pat Feeney and Dan Calihan of CBRE

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YAM Properties, a company owned by GoDaddy founder Bob Parsons, made a significant retail purchase recently, acquiring the 240,370 square foot Pima Crossing center in Scottsdale. YAM Properties purchased the shopping center from Karlin Real Estate for $51.5 million

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Before Taiwan Semiconductor Manufacturing Co. builds a massive factory in northwest Phoenix, the company is setting up its operations near Metrocenter. The semiconductor giant in late December agreed to lease more than 46,000 square feet of office space to serve as an administrative base

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Housing developer Greenlight Communities broke ground on a 286-unit multifamily complex aimed at midpriced rental rates in the fast-growing Phoenix suburb of Goodyear, Arizona. Greenlight, based in Scottsdale, Arizona, said it expects to finish construction on the property

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The past year has been a struggle for many industries, but no industry was affected more by the COVID-19 pandemic than the retail industry. To get a better view of what the retail market in the Greater Phoenix market endured during 2020 and what lies ahead for those

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Commercial property sale prices posted modest gains in November but at a slower pace than in recent months, according to the latest monthly CoStar Commercial Repeat Sale Indices. New supply levels have fallen considerably during the coronavirus pandemic, the report said

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2020 was a momentous year and one that had a dramatic impact on commercial real estate. Office and retail leases stalled, building sales halted and hotel projects were largely put on hold during the height of the Covid-19 pandemic. But that isn’t evident with the massive amount

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A partnership of real estate private equity firm Ascentris and developer Cypress Office Properties bought a new office in Tempe, Arizona, one of Phoenix’s strongest and highest-profile office districts. Denver-based Ascentris and Cypress, based in San Diego

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8.8 acres at the southeast corner of Gilbert and Riggs roads in Chandler sold this past week for $2,950,000, which was above the original asking price. Judi Butterworth and Larry Kush of ORION Investment Real Estate represented the sellers,

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