Two days before bids were due on a 110,000-square-foot, five-story multifamily project, four of the bidding general contractors privately called the owner with the same question: Where did he come up with the cost of construction numbers? They were at least 20% below what they expected. Had they missed something?

The best time to list a home for sale in Metro Phoenix is in early May, according to a new Zillow analysis. Homes listed in those weeks can sell for a 3.4% premium, or $15,400 on a typical home. Early November is the worst time to list a home for sale. Homes

Commercial real estate professionals got worried in 2021 when the Biden administration floated its proposals to cut big tax reduction strategies, including 1031 like-exchanges. Congress didn’t move them into law, generating a giant collective sigh of relief in the CRE industry. But the recent White House budget shows that the administration would still love

With more attention being placed on investments that meet environmental social governance (ESG) standards, it’s becoming easier to secure financing to buy or build apartment buildings if the apartments have rents that are relatively affordable or if the buildings are designed to be good for the environment. “You get more capital

It’s been an intense 18 months for commercial real estate lenders. Thanks in part to low interest rates, many lenders have achieved record volumes. However, it’s not just volume that’s creating all the activity—it’s also rapidly evolving consumer preferences, coupled with increased complexity in the due diligence process. Since the