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Posts Categorized: General Real Estate

Pathway To Purchase

General Real Estate, Market Update

  The Arizona Department of Housing recently announced the launch of Pathway to Purchase. This is a new program for Arizonans statewide looking to become homeowners in select cities. With the escalating increase in rents, many creditworthy renters are finding it more and more difficult to save for a down payment. Pathway to Purchase gives… Read more

The Benefits and Burdens of Policies

General Real Estate

P.R. ‘Randy’ Cooney President, Success Institute Arizona School of Real Estate & Business   At this year’s Broker Summit hosted by the Arizona School of Real Estate & Businesses some Brokers were asking about the pluses and minuses of company policies. In the overseeing of several real estate companies I was often challenged between: the… Read more

PV|303 Master-Planned Business Park

Commercial Corner, General Real Estate

Sean Walters Chief Operating Officer, Sunbelt Holdings   When ADOT began construction of the Loop 303 freeway, there was optimism around the positive impact the multi-level interchange linking Interstate 10 and the Loop 303 would have on economic development in the Valley. With its completion in 2014, the interchange has emerged as the gateway to one… Read more

Retail Market

Commercial Corner, General Real Estate

Ari Spiro President and Founder, ORION Investment Real Estate   The boom of online shopping over the last decade has forced retail developers and tenants to rethink their strategy. Grocery anchored shopping centers continue to thrive due to the consumer needs for day-to-day items and retail services. At the same time, big-box power centers with their… Read more

Industrial Market

Commercial Corner, General Real Estate

Bryon Carney Managing Principal, Cushman & Wakefield   Curtis Hornaday Associate Market Director – Research, Cushman & Wakefield   Phoenix is among the top-performing large metro economies in the west with one of the strongest industrial markets in the country. The local economy has strengthened with year-over-year growth in nonfarm jobs. The total included 12,700 industrial sector… Read more

Real Estate Investment Trusts (REITs)

General Real Estate, Lending

Paul Ohanian Founder and CEO, Scottsdale Wealth Planning, Inc.   If you are in the business of real estate in Arizona, you have experienced firsthand the benefits of ongoing lower borrowing costs. As the year has unfolded, and the Fed has commented on interest rates, “lower for longer” has become the new mantra. For those active… Read more

A Solution to Problem Properties

Commercial Corner, General Real Estate

Brad Grannis Real Estate Asset Manager , ASU Foundation For A New American University   As agents and brokers, we all have had to deal with problem commercial properties. You know which ones I’m talking about: overvalued (in the client’s eyes), deferred maintenance, functionally obsolete, generally unprofitable and difficult to move. These properties can be a… Read more

Arizona Water Supply

Commercial Corner, General Real Estate

Thomas Buschatzke Director, Arizona Department of Water Resources   For decades, the state of Arizona’s water policy has rested on a single, basic assumption: That sooner or later, the Big One – that is, the big drought – would come along to challenge the Southwest’s capacity to deal with below-average moisture over a lengthy period… Read more

Arizona Economic Development

Commercial Corner, General Real Estate

Sandra Watson President and CEO, Arizona Commerce Authority   The outlook for Arizona’s economy is looking brighter everyday as our state continues to add new jobs, attract new companies and promote our pro-business message around the world. According to data released by the Arizona Department of Administration, Arizona has fully recovered all jobs lost during… Read more

The New Tempe – More than a College Town

Commercial Corner, General Real Estate

Mark Mitchell City of Tempe Mayor   Tempe is the home of Arizona State University, U.S. News & World Report’s most innovative university, but it is more than just a college town. Today, the city is a destination for some of the top employers in the nation and a highly desired address for successful companies… Read more

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