What's Hot

    Scottsdale Hospitals War May Heat Up with New Banner Request

    July 29, 2025

    Dominium Planning 304-Unit BTR in Surprise

    July 29, 2025

    Next Steps Coming for Bartlett Dam Expansion

    July 29, 2025
    Facebook Twitter Instagram
    AZBEX
    NEWS TICKER
    • [July 29, 2025] - Scottsdale Hospitals War May Heat Up with New Banner Request
    • [July 29, 2025] - Dominium Planning 304-Unit BTR in Surprise
    • [July 29, 2025] - Next Steps Coming for Bartlett Dam Expansion
    • [July 29, 2025] - Industry Professionals 07-29-25
    • [July 29, 2025] - Commercial Real Estate 07-29-25
    • [July 25, 2025] - Developer Proposing 83-Unit Condo Project in Flagstaff
    • [July 25, 2025] - BNSF Looks to Combine Plan Amendment, Rezoning in 1 County Hearing
    • [July 25, 2025] - GO Industrial Planning Car Storage Facility in Phoenix
    Facebook Twitter YouTube LinkedIn
    • Home
    • News
      1. View Latest
      2. Planning & Development
      3. Local News
      4. Classifieds
      5. Editorial Analysis
      6. Budgets & Funding
      7. Commercial Real Estate
      8. People on the Move
      9. Arizona Projects
      10. Legislation & Regulations
      11. Trends

      Scottsdale Hospitals War May Heat Up with New Banner Request

      July 29, 2025

      Dominium Planning 304-Unit BTR in Surprise

      July 29, 2025

      Next Steps Coming for Bartlett Dam Expansion

      July 29, 2025

      Developer Proposing 83-Unit Condo Project in Flagstaff

      July 25, 2025

      Mohave County May Remove Data Centers as Economic Development Goal

      July 23, 2025

      Ariz. Construction Gained 600 Jobs in June

      July 22, 2025

      Scottsdale Report Shows Multifamily Pipeline Half of Common Estimate

      July 22, 2025

      Alleging Breaches, ZenniHome Closes NGS Operations

      July 21, 2025

      Scottsdale Hospitals War May Heat Up with New Banner Request

      July 29, 2025

      Glendale Voters to Determine VAI Resort’s Fate

      May 16, 2025

      Legislation Would Effectively Strip NIMBYs of Referendum Tool

      February 11, 2025

      2025 Forecast Tries to Clarify an Uncertain Market

      February 7, 2025

      Ariz. LIHTC to Sunset Under New Budget

      July 8, 2025

      State Government Shutdown Averted as Hobbs Signs Budget

      July 1, 2025

      Arterial Life Cycle Program Covers 20 Years of Street Development

      June 27, 2025

      $56M+ MAG Program will Enable $90M in Arterial Street Widening Projects

      June 24, 2025

      Commercial Real Estate 07-29-25

      July 29, 2025

      Commercial Real Estate 07-22-25

      July 22, 2025

      Commercial Real Estate 07-15-25

      July 15, 2025

      Commercial Real Estate 07-08-25

      July 8, 2025

      Industry Professionals 07-29-25

      July 29, 2025

      Industry Professionals 07-22-25

      July 22, 2025

      Industry Professionals 07-15-25

      July 15, 2025

      Industry Professionals 07-08-25

      July 8, 2025

      Arizona Projects 07-25-25

      July 25, 2025

      Arizona Projects 07-18-25

      July 18, 2025

      Arizona Projects 07-11-25

      July 11, 2025

      Arizona Projects 06-27-25

      June 27, 2025

      Mohave County May Remove Data Centers as Economic Development Goal

      July 23, 2025

      Alleging Breaches, ZenniHome Closes NGS Operations

      July 21, 2025

      Ariz. LIHTC to Sunset Under New Budget

      July 8, 2025

      Tax Bill Would Make LIHTC Permanent

      July 2, 2025

      Ariz. Construction Gained 600 Jobs in June

      July 22, 2025

      BEX Updates Construction Sector Projections in Annual Mid-Year Update

      July 18, 2025

      Phoenix Industrial Sees First Vacancy Drop in Years; YoY Completions Drop 75%

      July 18, 2025

      Phoenix Construction Costs See 4.42% Q2 Annual Change

      July 15, 2025

      Scottsdale Hospitals War May Heat Up with New Banner Request

      July 29, 2025

      Dominium Planning 304-Unit BTR in Surprise

      July 29, 2025

      Next Steps Coming for Bartlett Dam Expansion

      July 29, 2025

      Industry Professionals 07-29-25

      July 29, 2025
    • AZBEX
      • Subscribe
      • Classifieds
      • Advertising
    • DATABEX
      • Webinars
      • Monthly Snapshot
    • Events
      • 2025 Mid-Year Update
      • 2025 Industrial LMS
    • About Us
      • Meet the Company
      • Meet the Sales Team
      • Meet the Editorial Team
      • Meet the BEXperts
    AZBEX
    Home » Budgets & Funding » COVID-19 News Round-up for August 28
    Budgets & Funding

    COVID-19 News Round-up for August 28

    BEX StaffBy BEX StaffAugust 28, 2020No Comments3 Mins Read
    Credit: BKD
    Share
    Facebook Twitter LinkedIn Pinterest Email

    Budget, Policy & Stimulus News 
    Scottsdale Still Accepting Reimbursement Applications 
    Small businesses in Scottsdale can receive up to $5K in reimbursement grants for their costs related to COVID-19. The city is still accepting applications for the Small Business Reimbursement Program. (Source: Rose Law Group Reporter) 
    Phoenix Moves Faster Than State in Rent Relief 
    Phoenix has provided almost double the relief to renters impacted by COVID-19 in roughly a month than the Arizona Department of Housing has in nearly five months, government data shows. The city program is processing applications at least twice as fast as the state, in part because of easier application requirements, a wider pool of employees to review applications and lessons learned from hiccups in the state program, officials said. (Source: AZCentral) 
    Economic News 
    Well-capitalized Holders May See Opportunities 
    The pandemic and resulting closures have had far-reaching effects on restaurant and retail real estate, as some companies have had to vacate locations or landlords have had to decrease rent to fill a space. For well-capitalized retailers, especially franchises, the pandemic has presented an opportunity to get into locations that previously were too full or too expensive, industry observers say. (Source: Phoenix Business Journal) 
    Where Do States Rank for Relief 
    Best Accounting Software has issued a review detailing where states rank in terms of individual small business relief in the midst of the pandemic. (Source: Best Accounting Software)  
    Office Performing Better Than Expected 
    Office properties are performing better than one might expect during the pandemic thanks to attractive locations, diverse tenant bases, and long-term lease structures. However, all that is set to change unless there is a “full and soon” recovery in the greater economy. In the meantime, price discovery has been challenged and if the recovery takes longer than expected certain cities could lose their premium pricing. (Source: GlobeSt.com) 
    Will Pandemic Shake Loose Large Portfolios? 
    As the economic ramifications of the COVID-19 shutdowns start hitting large property owners, Michael T. Fay, principal, managing director and global head of Avison Young’s asset resolution team, wonders if bigger deals are on the horizon. (Source: GlobeSt.com) 
    Opportunity Zones Back in Full Swing 
    Opportunity zone projects are now in full swing. The opportunity zone model has been available for nearly two years, but investors were waiting the final regulations and guidance from the IRS. Then, the pandemic hit. Now that there is more understanding around both, opportunity zone projects are taking off. (Source: GlobeSt.com) 
    Pandemic Keeps Pressure on Construction Margins 
    The global pandemic is expected to keep pressure on profit margins in the North American industrial sector in the coming months, according to a new survey from RICS and the Association for the Advancement of Cost Engineering. The COVID-19 crisis has had a significant impact on the construction sector, according to respondents participating in the second quarter US Construction Monitor, part of the North American Construction Monitor. (Source: GlobeSt.com) 
    Data Center Demand Increases 
    With ever-increasing amounts of day-to-day activity taking place online, even more so under the COVID-19 pandemic, demand from large and small companies is driving robust growth in the data center segment. That’s making it an increasingly attractive investment play for real estate buyers looking for stability and yield.  (Source: National Real Estate Investor)  
    Resources 
    Resources for Small Businesses and Partners.  
    Valley Partnership has updated its News and Resources for COVID-19 information. (Source: Valley Partnership) 

    COVID-19
    Share. Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email

    Related Posts

    Mohave County May Remove Data Centers as Economic Development Goal

    July 23, 2025

    Ariz. Construction Gained 600 Jobs in June

    July 22, 2025

    Scottsdale Report Shows Multifamily Pipeline Half of Common Estimate

    July 22, 2025

    Leave A Reply Cancel Reply

    You must be logged in to post a comment.

    Our Picks

    Scottsdale Hospitals War May Heat Up with New Banner Request

    July 29, 2025

    Dominium Planning 304-Unit BTR in Surprise

    July 29, 2025

    Next Steps Coming for Bartlett Dam Expansion

    July 29, 2025

    Industry Professionals 07-29-25

    July 29, 2025
    Stay In Touch
    • Facebook
    • Twitter
    • LinkedIn
    • YouTube
    Don't Miss
    Editorial Analysis

    Scottsdale Hospitals War May Heat Up with New Banner Request

    July 29, 20250

    By Roland Murphy for AZBEX The next round is chambered in an ongoing battle over…

    Dominium Planning 304-Unit BTR in Surprise

    July 29, 2025

    Next Steps Coming for Bartlett Dam Expansion

    July 29, 2025

    Industry Professionals 07-29-25

    July 29, 2025

    BEX serves architecture, engineering and construction firms as well as all the ancillary product and service categories that market to them. These include manufacturing representatives, public agencies and private real estate organizations, specialty subcontractors and services providers related to our industry.

    Our Picks

    Scottsdale Hospitals War May Heat Up with New Banner Request

    July 29, 2025

    Dominium Planning 304-Unit BTR in Surprise

    July 29, 2025

    Next Steps Coming for Bartlett Dam Expansion

    July 29, 2025
    Contact Us

    Phone: 480-709-4190
    Address: P.O. Box 12196 Tempe, AZ 85284
    Email: sales@azbex.com

    Type above and press Enter to search. Press Esc to cancel.