Commercial Real Estate News
We gather industry news related to commercial real estate in an effort to make your search for industry trends easier. If you have news relating to commercial real estate, construction loans, relative financing to the industry or commercial transactions you feel is worth sharing, tell our webmaster or simply submit your story details here! [Mobile Users need the alternate view]
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The Federal Open Market Committee (FOMC) voted to maintain the target range for the federal funds rate at 0% to 0.25%.
The board’s decision comes on the belief that while there are some signs of economic recovery developing, financial conditions have …(continued)…
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PHOENIX, June 25 /PRNewswire-FirstCall/ – Pacific Blue Energy Corp. (OTCBB: PBEC), a publicly traded developer of renewable energy projects, has announced that it will be partnering with Patriot Solar Inc. in the development of commercial solar farms in the Southwestern …(continued)…
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TEMPE, AZ-Vulcan Real Estate has made its first investment outside of the Seattle market, paying $35 million for Tempe Gateway, a class A office building.
The company, which is the real estate investment arm of Microsoft co-founder Paul …(continued)…
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Scottsdale – GoDaddy.com Inc. in Scottsdale (Bob Parsons, principal) paid $12.5 million ($81.45 per foot) to buy a 153,469-square-foot office project at the northeast corner of Hayden Road and Acoma Drive in Scottsdale. The seller was a …(continued)…
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This is an updated list from Weiss Ratings on failing Arizona banks…(continued)…
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The number of new foreclosure filings against Phoenix-area homeowners fell in May to the lowest level since July 2008.
Last month, there were 6,471 pre-foreclosures, or notice of trustee sales, filed in metro Phoenix, according to the Information Market.
Foreclosures also dropped …(continued)…
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