What's Hot

    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

    July 25, 2025
    Facebook Twitter Instagram
    AZBEX
    NEWS TICKER
    • [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
    • [July 25, 2025] - Arizona Projects 07-25-25
    • [July 23, 2025] - Mohave County May Remove Data Centers as Economic Development Goal
    • [July 23, 2025] - Yuma P&Z Recommends Multifamily General Plan Amendment
    • [July 22, 2025] - Ariz. Construction Gained 600 Jobs in June
    • [July 22, 2025] - Yavapai Board Enables Bid Process for Cornville Road Roundabout
    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

      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

      July 25, 2025

      Yuma P&Z Recommends Multifamily General Plan Amendment

      July 23, 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

      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

      KOREPlex Buckeye Site Quietly Listed For Sale

      January 31, 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 07-22-25

      July 22, 2025

      Commercial Real Estate 07-15-25

      July 15, 2025

      Commercial Real Estate 07-08-25

      July 8, 2025

      Commercial Real Estate 07-01-25

      July 1, 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

      Industry Professionals 07-01-25

      July 1, 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

      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

      July 25, 2025

      Arizona Projects 07-25-25

      July 25, 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 October 23rd
    Budgets & Funding

    COVID-19 News Round-up for October 23rd

    BEX StaffBy BEX StaffOctober 23, 2020No Comments2 Mins Read
    Credit: Gowling WLG
    Share
    Facebook Twitter LinkedIn Pinterest Email

    Budget, Policy & Stimulus News 
    Glendale Introduces Landlord, Tenant Relief 
    The Glendale City Council approved a program designed to help tenants and property owners apply for assistance if they’ve been affected by the coronavirus pandemic. The Property Owner Preservation program is designed to allow landlords to apply for federally funded assistance on behalf of their residential tenants if they are struggling to make rent because of the pandemic. (Source: KTAR) 
    Economic News 
    Apartments in Lower-Cost Areas Set to Thrive 
    With remote working increasing and oversupply a concern in urban markets, trends seem to favor suburban apartments in the future. (Source: GlobeSt.com) 
    Hotels to See Uneven Recovery 
    At the start of the pandemic, hotel investment froze along with the rest of CRE, but while other markets have thawed, mandated travel bans and subsequent outbreaks of COVID-19 have prevented the hotel market from recovering. In a blog post published by Preqin, John McCourt and Ryan McAndrew of RSM US LLP predict that deal flow won’t return until 2022 to levels seen before the pandemic. But when it does return, it will likely come in fits and starts depending on the asset type, its location and the financial status of the owners. (Source: GlobeSt.com) 
    Lennar’s Pivot in Pandemic 
    The president of the Arizona market for Lennar Corp. is encouraged by how his team pivoted during COVID-19. In the past few months, Lennar’s internet sales team has nearly doubled, growing from four people to seven, with continued growth on the horizon. (Source: Phoenix Business Journal) 
    Office Return Plans Pushed to Summer 
    With the rate of new cases of the coronavirus growing in the U.S. once again and no vaccine immediately on the horizon, businesses are beginning to give up on bringing employees back to the office this winter. Major employers have announced in the past week that they wouldn’t be requiring employees to return to their offices until at least July, the Times reports. Google, Uber, Slack, Airbnb and DocuSign have all pushed anticipated return-to-work dates until summer in the past few weeks. (Source: Bisnow) 
    Self-Storage Still Holding Up 
    A confluence of factors conspired to drive down rents at self-storage properties earlier in the year, but now with new demand generated by the broader disruptions caused by the COVID-19 pandemic, the sector’s fortunes have stabilized. Though the majority of properties were still close to fully occupied, over-eager developers had squeezed too many new projects into growing cities like Phoenix and Orlando, Fla., which put some downward pressure on rents. (Source: National Real Estate Investor) 

    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

    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

    July 25, 2025

    Arizona Projects 07-25-25

    July 25, 2025
    Stay In Touch
    • Facebook
    • Twitter
    • LinkedIn
    • YouTube
    Don't Miss
    Planning & Development

    Developer Proposing 83-Unit Condo Project in Flagstaff

    July 25, 20250

    By Roland Murphy for AZBEX Red Oak Development Group is planning to build an 83-unit…

    BNSF Looks to Combine Plan Amendment, Rezoning in 1 County Hearing

    July 25, 2025

    GO Industrial Planning Car Storage Facility in Phoenix

    July 25, 2025

    Arizona Projects 07-25-25

    July 25, 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

    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

    July 25, 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.