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
- [February 21, 2025] - Plan Would Repurpose SE Tucson Mine Site for Mixed Uses
- [February 21, 2025] - Sedona Land Could Become Affordable Housing
- [February 21, 2025] - Creation Planning 4-Bldg. Flex Industrial Project in Scottsdale
- [February 21, 2025] - Builder Confidence Falls in February
- [February 21, 2025] - Arizona Projects 02-21-25
- [February 19, 2025] - Happy BEX-iversary
- [February 19, 2025] - 240-unit Apartment Community Planned for Sunnyslope
- [February 19, 2025] - Pinal, Florence Look to Act on Hunt Highway Expansion