Higher interest rates, sidelined capital and economic uncertainty have put a crimp in commercial real estate deals. Despite this, data company Archer.re reported a significant increase in national underwriting activity for multifamily properties during October 2023. Using data from its proprietary technology platform, Archer reported the following: Underwriting activity increased

Phoenix rents have declined by 4.7% year-over-year, according to one recent study by ApartmentList. Rent prices dropped 1% in October, more than the national average of 0.7%. The drop brought the Valley’s median rent down to $1,422, roughly 5.1% higher than the national average. Phoenix is the No. 52 most

Navigating the multifamily real estate landscape through the discerning eyes of institutional players offers a varied spectrum of insights and evolving strategies. Our detailed analysis of feedback from over 30 prominent institutional joint venture partners sheds light on the contemporary narratives defining the market. What we found is that the

The Arizona economic development community has worked diligently in the past few years to attract massive projects such as LG Energy Solution’s $5.5 billion battery factory in Queen Creek and American Battery Factory’s $1.2 billion facility in Tucson. Doing so requires these professionals to show the merits of locating in

If you really care about rental housing affordability, you should really care about building as many new apartments as possible. It’s the one and only solution that unites economists, housing advocates and industry groups. We’re seeing proven science play out again this year. Apartment construction nationally hit a 50-year high,