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
- [July 18, 2025] - BEX Updates Construction Sector Projections in Annual Midyear Update
- [July 18, 2025] - Design Discussed for 45KSF Mesa Warehouse Plan
- [July 18, 2025] - Potato Barn to Round Out Mesa Site with 48KSF Warehouse
- [July 18, 2025] - Phoenix Industrial Sees First Vacancy Drop in Years; YoY Completions Drop 75%
- [July 18, 2025] - Arizona Projects 07-18-25
- [July 16, 2025] - La Paz, Mohave Fare Well Under Updated ADOT Plan
- [July 15, 2025] - Gorman, Church Plan 82 Affordable Units in Old Town Scottsdale
- [July 15, 2025] - Fry’s to Anchor Retail Portion of Avondale Tech