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 […]
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 […]
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 […]
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.
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 […]
Article originally published by AZ Central on August 7, 2017. 2017 is shaping up to be one of the best years for home sales in metro Phoenix. Sales aren’t higher than the boom year of 2005 when speculators bought a record number of homes, or the bust year of 2011 when investors snapped up a record number of bargain Phoenix-area […]