February 2015

Wealthiest ZIP codes: Where Phoenix’s richest live (and how a journalist manages to live there)

              You miss 100% of the shots you don’t take. –Wayne Gretzky Feb 20, 2015, 12:14am MST UPDATED: Feb 20, 2015, 7:33am MST Patrick O’Grady Managing Editor-Phoenix Business Journal Let me clear this up: I’m not rich. I have a truck that would make Warren Buffett proud, but that’s about the …

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VENTURE CLOSES LAND ACQUISITION FOR SOHO SCOTTSDALE LIVE/WORK PROJECT

                Surround yourself with positive people. Melanie Fiona       BREW – Published:   February 20, 2015 Scottsdale – A one-of-a-kind live/work project planned in north Scottsdale is on track for a summer construction start now that the developer has acquired the mixed-use site. SOHO Scottsdale, a residential-commercial-retail …

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CMBS: New Late-Pays Hit Post-Recession Low

                Of those who say nothing, few are silent. ~Thomas Neill GlobeSt.       By Paul Bubny           | National  Last Updated: February 17, 2015/  Fitch’s CMBS team, led by Huxley Somerville, sees red flags in declining metrics. NEW YORK CITY—New delinquencies of CMBS hit a post-recession monthly low in January, Fitch Ratings says. That being said, …

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A British Advise – For out-of-the-Box Property think OUTSIDE the box

– Property Insight – Posted by Graham Turrell on Wed, Feb 11, 2015 @ 09:05 AM For many property investors that have no desire to be a full-time landlord, the holy grail of successful property investment is simplicity. Today we look at why received wisdom about property investment shouldn’t always be relied on for something this …

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Arizona’s economy poised to warm up in 2015, reports say Arizona’s economy, which grew in line with the nation in 2014, could sparkle this year.  

  “You can’t be late until you show up.” Russ Wiles, The Republic | azcentral.com 10:23 p.m. MST February 16, 2015 STORY HIGHLIGHTS Arizona and the U.S. likely grew at about the same economic pace in 2014, but the state could start to separate itself with faster growth this year, according to a new forecast. …

Arizona’s economy poised to warm up in 2015, reports say Arizona’s economy, which grew in line with the nation in 2014, could sparkle this year.   Read More »

Commercial Construction Activity Rising in 2015, Says AIA

                Never do something permanently foolish just because you are temporarily upset.       National Real Estate Investor – Susan Piperato – Feb 10, 2015 According to the latest American Institute of Architects’ (AIA) Consensus Construction Forecast, conducted in December, the national building activity level for non-residential real …

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