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
- [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