Article originally published by Phoenix Business Journal on October 15, 2018 Maricopa County saw more people move to the area than any other county in the U.S. during the past five years. The county saw 221,000 immigrants between 2012 and 2017, according to a new report from RentCafe. That volume was by far the highest in […]
Western Land Company LLC
An Increasing Number of New Real Estate Funds Target Opportunity Zones
Article originally published by National Real Estate Investor on October 10, 2018 Real estate fund sponsors are lining up to capture private equity poised to flow into new Opportunity Zones created by the Tax Cut and Jobs Act. The basic premise behind the Opportunity Zones initiative was to offer incentives in the form of deferred and […]
Arizona expected to gain 500,000-plus jobs, 1 million residents by 2026
Article originally published by Arizona Central on August 3,2018 Arizona’s job growth is expected to outpace the nation over the next several years, and most of the gains will occur in metropolitan Phoenix, a report released Thursday forecasts. The state’s population also is expected to grow by 1 million residents over the same time period. Arizona will […]
Nikola Motor Co. to bring 2,000 jobs, $1B investment to Arizona
Article originally published by Arizona Central on January 30, 2018. Nikola Motor Co. announced it will establish operations in Buckeye, jump-starting the development of the Douglas Ranch section on the north side of the city. Gov. Doug Ducey called it a “huge announcement” that will include a $1-billion capital investment, with 4,000 construction jobs, too. Read the full […]
Microsoft’s Bill Gates buys huge swath of Arizona land
Article originally published by Buisness Real Estate Weekly on November 3, 2017. A company formed by Microsoft co-founder Bill Gates paid $79.535 + million ($7,500 per acre) to purchase 53.271 + percent interest in a 19,931 acre tract of land in the far West Valley known as Belmont. Read the full article here.
Housing demand fuels land sales in Greater Phoenix
Article originally published by AZ Big Media on August 23, 2017. The pace of land sales in Greater Phoenix has picked up during the first half of 2017, fueled by demand for housing and strong fundamentals in the commercial development industry. This is according to a mid-year report produced by Colliers International in Greater Phoenix. You can read […]