Investors Still Paying Top Dollar for Multifamily
By Erika Morphy for GlobeSt.com Multifamily acquisition yields and price per unit have hovered at record lows for several years. What does that mean for pricing? Yardi Matrix BEX
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Trends
Jan. Nonresidential Construction Employment Rises
Source: Associated Builders and Contractors The construction industry added 44,000 net new jobs in January, according to an Associated Builders and Contractors analysis of BEX
ELFA: Equipment Leasing Up in December
Source: Equipment Leasing and Finance Association The Equipment Leasing and Finance Association’s Monthly Leasing and Finance Index, which reports economic activity from BEX
Where to Put 1 Million New Residents?
By Catherine Reagor for The Arizona Republic Metro Phoenix is expected to grow by 1 million people during the next decade. That will be like adding a city the size of San BEX
ABC: Construction Contractor Confidence Soaring
Source: Associated Builders and Contractors Confidence among U.S. construction industry leaders increased in November 2019 with respect to sales, profit margins and staffing, BEX
Ariz. Construction Gained 1,100 Jobs in December
By Tasha Anderson for AZBEX Arizona’s seasonally adjusted unemployment rate decreased to 4.6 percent in December 2019, from 4.8 percent in November 2019, according to the BEX
ABC’s Const. Backlog Indicator Dips in Nov.
Source: Associated Builders and Contractors Associated Builders and Contractors reported its Construction Backlog Indicator fell slightly to 8.8 months in November, a 1.5 BEX
EFI Leasing Industry Confidence Up
Source: Equipment Leasing & Finance Foundation The Equipment Leasing & Finance Foundation has released the January 2020 Monthly Confidence Index for the Equipment BEX
2020 CRE Outlook: How Phoenix Shapes Up
By Steve Burks for AZ Big Media Consistency may be boring, but when it comes to the commercial real estate outlook and the Greater Phoenix commercial real estate industry, no BEX
BEX Construction Activity Forecast
By Tasha Anderson for AZBEX Despite construction employment and activity levels not reaching pre-recession peak levels, 2019 was still a very good year and 2020 is poised to BEX
Nov. Construction Unemployment Rates Rise
Source: Associated Builders and Contractors In November, estimated not seasonally adjusted construction unemployment rates increased nationally and in 38 states, fell in 11 BEX
Residential Construction To ‘Increase Substantially’
By Aly J. Yale for Forbes The new year is shaping up to be a good one for homebuyers—at least those interested in buying new homes. Not only are homebuilders more confident BEX
Multifamily Housing Wraps 2019
By Mary Salmonsen for Multifamily Executive The average U.S. multifamily rent fell $3 to $1,473 in November, according to the latest National Multifamily Report by Yardi BEX
Office & Industrial Have Diversified, Room to Grow
By Rebekah Morris for AZBEX The final Leading Market Series (LMS) event for 2019 was held on Thursday, December 5, 2019, featuring Craig Coppola, Lee & Associates, Megan BEX
Oct. Unemployment Rates Rise from a Year Ago
Source: Associated Builders and Contractors In October, estimated not seasonally adjusted construction unemployment rates increased nationally and in 34 states, fell in 13 BEX
ABC’s 2020 Construction Economic Forecast
Source: Associated Builders and Contractors Associated Builders and Contractors Chief Economist Anirban Basu forecasts continued momentum for the construction sector next BEX
Market Exacerbate Shortage of Afford. Housing
By Rebekah Morris for AZBEX The Arizona Planning Association hosted a two panel, half-day symposium discussing housing in Arizona on Thursday, November 21st, 2019. The aim of BEX
Housing Forecast Reveals Trends for 2020
Source: AZ Big Media At a time when millennials are reaching key life milestones, the U.S. housing market will continue to slow in 2020 as inventory reaches historic lows and BEX
PHX Industrial Develop. Has Found a Perfect Balance
By Kelsi Maree Borland for GlobeSt.com The Phoenix industrial market has found its perfect balance. The market has one of the most active new construction pipelines in the BEX
Construction Contractors Less Confident in Sept.
Source: Associated Builders and Contractors Leaders of the U.S. construction industry remained confident through September 2019 regarding near-term prospects for sales, BEX
ABC’s Construction Backlog Indicator Slips in Sept.
Source: Associated Builders and Contractors Associated Builders and Contractors reported that its Construction Backlog Indicator fell to 8.9 months in September 2019, down BEX
Busy Times. Where to Start?
By Roland Murphy for ABI Multifamily As a reporter and an analyst, you are always on the lookout for things like riots, fires and mudslides because they’re riveting to BEX
Construction Input Prices Unchanged in October
Source: Associated Builders and Contractors Construction input prices remained unchanged on a monthly basis in October but are down 2.2 percent year-over-year, according to BEX
Real Estate Leaders See Value in Coworking
Source: Cushman & Wakefield Cushman & Wakefield, a leading real estate services firm, has released a report that reveals corporate perceptions of the value of BEX
2019 Medical Job Increase Fuels Market
Source: Colliers International in Arizona The Greater Phoenix medical office space market performed well during third quarter, rebounding from a challenging performance BEX
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