News

Multifamily Offers a Brighter Spot in a Weakening Construction Market

October 21, 2026

Falling housing starts are narrowing the new-supply pipeline, but September's construction figures offer a more mixed picture for apartment investors. Multifamily permits and completions rose from August Read More

Hotel, restaurants and condos coming to One Scottsdale | Exclusive

October 21, 2026

A hotel, restaurants and luxury condos are among the next additions to a $1 billion project north of Loop 101 in Scottsdale. One Scottsdale, a 100-acre master-planned development led by Read More

Access to Power Now Site Selectors’ Top Concern

October 21, 2026

A new survey released by the Site Selectors Guild shows access to power is now the most heavily cited factor in choosing where to build high-value, capital intensive projects. 2026 marks the first Read More

Suns and Mercury unveil $60M plan for new downtown Phoenix YMCA

October 21, 2026

More than a month after the YMCA in downtown Phoenix announced it was closing, there are now plans to redevelop the site — and some big names are getting involved. The Phoenix Suns, Phoenix Read More

3 Arizona cities rank among 40 safest in America

October 21, 2026

Chandler, Gilbert and Scottsdale are among the 40 safest cities in America, according to a new WalletHub study that evaluated 182 U.S. cities across 41 indicators of safety. Chandler earned the highest Read More

NRF: Core retail sales inch up in September

October 20, 2026

Retail sales edged up in September as consumers continued to spend following a solid back-to-school season. Core retail sales (excluding restaurants, auto dealers and gas stations) totaled Read More

Commercial and Multifamily Mortgage Debt Outstanding Increased by $42.9B in Q2

October 20, 2026

The level of commercial/multifamily mortgage debt outstanding increased by $42.9 billion (0.9 percent) in the second quarter of 2026, according to MBA’s latest commercial/multifamily mortgage debt Read More

Big Banks Take Bigger CRE Losses As They Clear Out Problem Loans

October 20, 2026

Two of the biggest U.S. banks wrote off more bad commercial real estate loans in the third quarter as they worked to clear troubled debt from their books. Wells Fargo’s CRE write-offs rose Read More

Higher Treasury Yields Put CRE Borrowers’ Hopes for Relief to the Test

October 20, 2026

Commercial real estate investors waiting for cheaper debt face an uncomfortable possibility: Treasury yields could keep swinging without moving meaningfully lower. A sharp bond-market rally may offer Read More

California data center contractor snags more Valley industrial space

October 20, 2026

A California general contractor that's heavily involved in building data centers in Arizona just signed a lease for two industrial buildings in Phoenix. DPR Construction is taking Read More

Light at the End of the Tunnel: Ground-Up Retail Development Finally Is Getting Underway

October 19, 2026

For the first time in 20 years, retail construction is trending up, according to JLL. This modest acceleration signals the start of a cycle that some industry players say will continue for the foreseeable Read More

Retail Activity in Western States Focused on High-Growth Submarkets

October 19, 2026

Western U.S. retail markets continue to witness flourishing leasing and investment activity. As in other parts of the country, the primary challenge for retailers and investors alike is finding supply to meet the Read More

Investors Are Hungry for Retail Deals, But Not Enough Assets Are for Sale to Satisfy Appetite

October 19, 2026

A lack of quality inventory is one of the prominent factors shaping the retail investment sales landscape. Simply put, there is more capital seeking retail opportunities than there are assets Read More

Slower Job Growth Shifts CRE Demand and Investment Strategies

October 19, 2026

The U.S. economy may need to add fewer than 50,000 jobs per month to keep unemployment stable, according to a recent Marcus & Millichap report. The number represents a shift from the 100,000 Read More

Higher mortgage rates could strengthen Arizona apartment market

October 19, 2026

As elevated mortgage rates continue to make homeownership more expensive, Arizona’s multifamily housing market could benefit from renters staying in apartments longer and a slowdown in new residential Read More

What is that 19-acre development in west Tempe off SR 143?

October 16, 2026

Location: Northeast corner of South 52nd Street and West University Drive in west Tempe. Description: A 19-acre development is under construction in a largely industrial area of west Tempe, just Read More

Grand Canyon University Secures Court Approval for Law School Targeting 2027 Opening

October 16, 2026

Grand Canyon University has received unanimous approval from the Arizona Supreme Court for its new College of Law, marking a historic milestone in Arizona legal education and establishing a pathway Read More

Phoenix Apartment Concessions Are Luring Students Away From Campus Housing

October 16, 2026

In a crowded multifamily market, on- and off-campus university housing in Phoenix is competing with a surplus of market-rate apartment offerings that lure students with discounts and concessions. Multifamily Read More

It’s true: Salad and Go is coming back to Arizona

October 16, 2026

Salad and Go isn’t gone after all. Two months after the Gilbert-born drive-thru chain filed for bankruptcy and closed every store overnight, a new ownership group is bringing the brand back to Read More

CREDA Arizona special section spotlights things to know in CRE

October 16, 2026

The CREDA Arizona supplement in AZRE spotlights the people, projects, trends and public-policy issues shaping Arizona’s commercial real estate industry. Featuring insights from leading developers and Read More