Budget, Policy & Stimulus News
Federal Judge Delays PPP Info Release
A federal judge has granted the U.S. Small Business Administration‘s request for a stay in lawsuit seeking detailed information about the $659B Paycheck Protection Program. The SBA had requested the delay while it considers an appeal to a previous ruling ordering the release of names, addresses and loan amounts of all PPP borrowers. (Source)
Economic News
Net Lease Volume Up Slightly
Avison Young’s Third Quarter Cap Rate Report showed a 13.8 percent increase in net lease activity over the previous quarter. The average overall net-lease cap rate rose slightly from 6.36 percent to 6.56 percent, a 20.4-bp hike, with the average lease term hovering just less than 13 years. (Source)
NEWS TICKER
- [June 20, 2025] - MAG Committee Info Details Upcoming Pavement Plans
- [June 20, 2025] - Bullhead Resort in Limbo After Continued No-Shows at Land Auction
- [June 20, 2025] - Mesa Considering $6.36M in Tax Incentives for SimonCRE Development
- [June 20, 2025] - Phoenix Delays Data Center Rezone Vote
- [June 20, 2025] - Arizona Projects 06-20-25
- [June 18, 2025] - More Cities Considering Data Center Restrictions
- [June 18, 2025] - Mesa Boards Review 36-Unit Apartment Plan
- [June 17, 2025] - MAG Meetings Detail Prop 479 Freeway Life Cycle Plans