NAIOP Survey Finds CRE Deals Increasing
Source: AZ Big Media In the fourth monthly NAIOP survey measuring the impact of the COVID-19 crisis on the commercial real estate industry, respondents say that deal BEX
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pandemic
Medical Office Market in PHX Thrives
Source: Colliers International As cases of coronavirus and hospitalizations rose in Greater Phoenix following Memorial Day weekend, the area’s second quarter of real BEX
Construction Output Drops Significantly
Source: Associated Builders and Contractors The U.S. economy contracted at an annualized rate of 32.9 percent during the second quarter of 2020, according to BEX
Report Reveals Costs Trends and Recovery Preview
Source: Rider Levett Bucknall International property and construction consultancy firm Rider Levett Bucknall has released its new Quarterly Cost Report for North BEX
Phoenix Mayor Announces Affordable Housing Plan
Source: City of Phoenix In Phoenix, the COVID-19 pandemic and economic downturn is intensifying the already existing housing crisis. Phoenix residents, as well as BEX
Survey: Confidence Returns to Pre-crisis Levels
Source: NAHB Now In a strong signal that the housing market is ready to lead a post-COVID economic recovery, builder confidence in the market for newly-built single-family BEX
Online Commerce Driving Growth in Industrial
Source: Colliers International The Greater Phoenix industrial real estate market remains healthy, despite business conditions during the pandemic. America’s growth in BEX
Rio Nuevo Approves Tightened 2021 Budget
Source: Rio Nuevo Facing a substantial reduction in next year’s revenue due to COVID-19, the Rio Nuevo Board approved a break-even budget reflecting an BEX
Statement of Direction OK’d for SmokeTree Resort
By Melissa Rosequist for Independent Newsmedia Official marching orders have been set laying out perimeters for the Paradise Valley Planning Commission to scrutinize BEX
Multifamily Construction Costs May Drop
By Bendix Anderson for National Real Estate Investor Heading into 2020, a robust development pipeline and rising costs of construction material and labor were major BEX
Maricopa County Board Approved $3B Budget
Source: Maricopa County Maricopa County is putting hundreds of millions of dollars in federal funds to immediate use helping people impacted by the COVID-19 pandemic BEX
Input Prices Up in May
Source: Associated Builders and Contractors Construction input prices rose 0.8 percent in May compared to the previous month, according to an Associated Builders and BEX
Invest. in Structures Down; Const. Spending Stable
Source: Marcum LLP The Marcum Commercial Construction Index for the first quarter of 2020 reports an industry suffering the adverse effects of COVID-19. BEX
April Nonresidential Construction Spending Drops
Source: Associated Builders and Contractors National nonresidential construction spending decreased by 1.8 percent in April, according to an Associated Builders and BEX
Maricopa County Building Permits Up
Source: Maricopa County Planning and Development There’s not a lot of good economic news out there these days, but data from Maricopa County Planning and Development BEX
Multifamily Report Shows Sector’s Uncertainty
Source: ABI Multifamily ABI Multifamily has published its Q1 2020 Phoenix Multifamily Quarterly Report. And while the start of 2020 was strong, with rent growth, BEX
Maricopa County Approves $3B 2021 Budget
Source: Maricopa County Maricopa County is putting hundreds of millions of dollars in federal funds to immediate use helping people impacted by BEX
Tempe Planning $349M in Bond Requests
By Paulina Pineda for The Arizona Republic Tempe likely will ask voters to approve a $349M bond issue to pay for dozens of capital projects in the next five years, ranging BEX
Zoom Planning Phoenix-area R&D Facility
Source: Zoom Zoom has announced it will open two new research and development centers — one in the greater Phoenix area and one in Pittsburgh. Zoom will BEX
Yuma Council Mulls CIP Projects
By Mara Knaub for Yuma sun The Yuma City Council scrutinized the Capital Improvement Program plan for 2021 in a roundtable discussion. The CIP budget, at BEX
Colliers’ Phoenix Q1 Multifamily Review
By Thomas Brophy for Colliers International While nearly every aspect of life has changed since March 1st of this year, it is necessary to take stock of where the market BEX
Billings Index Sees Record Drop in March
Source: American Institute of Architects Reflecting the deteriorating conditions in the overall economy, demand for design services from architecture firms recorded a BEX
ABC: Nonresidential Construction Spending Dips
Source: Associated Builders and Contractors National nonresidential construction spending fell 0.1 percent in March and is up 2.0 percent compared to the same time last BEX
Virus Delays Yuma Fairgrounds Relocation Plans
By Bennito L. Kelty for Yuma Sun COVID-19 has delayed activity on the relocation plans for the Yuma County Fairgrounds, officials said. Some funding to begin the BEX
Transforming Schools into Temp. Hospital Centers
By Bob Erickson and Eric Thomson for Corgan Already pressed for capacity, COVID-19 has ushered in an unprecedented demand on our healthcare spaces — spotlighting our BEX
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