Economic News
PPP Was a Lifeline for Very Small Businesses
New data on the Paycheck Protection Program loans issued by the Small Business Administration shows businesses with three or fewer employees that would not normally have access to SBA loans benefitted greatly. Some experts have credited the ability for sole proprietors and very small businesses to access loans directly, rather than through multi-layered government distribution channels, as a key factor in their continued survival. (Source)
Crisis Has Helped Some Property Managers Grow
Despite the massive upheavals to personal and work life, some property managers who were able to embrace pandemic-generated opportunities could find growth. Online course enrollments through the Institute of Real Estate Management were up 30 percent year-over-year, and the wide scale deployment of new communications tools provided a chance to break old habits and make better use of time and interactions. (Source)
NEWS TICKER
- [April 18, 2025] - Gilbert Planning Commission Considers New 366-Unit Community
- [April 18, 2025] - Vestar Unveils Plans for Maricopa Towne Center
- [April 18, 2025] - CBP Planning New 25-Mile Border Wall Segment
- [April 18, 2025] - Backlogs Improved; Confidence was Mixed in March
- [April 18, 2025] - Arizona Projects 04-18-25
- [April 16, 2025] - Legislation to Save Axon Plan Continues to Advance
- [April 16, 2025] - Court Issues Summary Judgment in X Phoenix Case
- [April 15, 2025] - 17-Unit Multifamily Mixed-Use Planned in Old Town Scottsdale