Multifamily has been needing some good news. Now, it has it. For the first time since the Fed began raising interest rates in early 2022, underwriting assumptions for prime multifamily assets are starting to stabilize, CBRE reports.  The average going-in cap rate increased by 23 basis points to 4.72% in

Condo owners looking to upgrade to a house in many metro Phoenix areas will have to save for years to afford the larger space, according to a new analysis by real estate company Point2. Why it matters: Bigger homes have grown more appealing as more people work from home. But

Hammers are pounding out a steady rhythm across metro Phoenix as developers — many of them making their market debuts — are constructing thousands more build-to-rent residences. About 12,100 units are under construction, with another 5,700 planned in various stages, according to Colliers International research conducted exclusively for Phoenix Business

For the first time since the Federal Reserve began raising interest rates in early 2022, underwriting assumptions for prime multifamily assets are beginning to stabilize, CBRE reported. The average multifamily going-in cap rate increased by 23 basis points to 4.72% in the first quarter if 2023. This follows increases of

Phoenix may be a lovely place to visit—botanical gardens, good sporting environment for golf, tennis and pickleball, museums galore, good food and drink, access to national parks, and among the country’s sunniest metropolitan areas. But to live?   Before residents unpack their bags and settle in, they may want to know