January 2016

Another Scottsdale hotel has undergone $10M renovations with two new restaurant concepts.

  When people are free to do as they please, they usually imitate each other. ~Eric Hoffer (1902-1983) Steven Totten Reporter Phoenix Business Journal Jan 24, 2016, 7:57pm MST There seems to be no end in sight for hotel renovations in the greater Phoenix area, especially in Scottsdale. The Hotel Valley Ho is going through a $4 million renovation, …

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RM Sotheby’s looks to break Arizona auto auction record with this $10M car (Gallery)

  Those who cannot remember the past are condemned to repeat it. ~George Santayana (1863-1952) Steven Totten Reporter Phoenix Business JournalJan 21, 2016, Though Scottsdale’s Barrett-Jackson Auto Auction is the most popular car auction in the state, RM Sotheby’s auction has made a name for itself in the Valley as well. RM Sotheby’s auction, held at the Arizona …

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The Millennial Way – Give them a break, boomers, and take a few cues from the younger generation.

      I can’t understand why people are frightened by new ideas. I’m frightened of old ones. ~John Cage (1912-1992)   By Sara Drummond | Jul.Aug.15 The generation gap rears its jealous head as the improved economy pushes millennials deeper into the world of work. According to the Bureau of Labor Statistics, millennials will …

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Phoenix Commercial News -/- E-Zine FOR THE WEEK ENDING January 20, 2016 / Kasten Long Commercial Group

        You miss 100 percent of the shots you never take. —Wayne Gretzky   Phoenix Commercial News -/- E-Zine FOR THE WEEK ENDING January 20, 2016 http://campaign.r20.constantcontact.com/render?ca=38793392-0a73-4a76-9987-9f5c876a6c00&c=d05b5730-3389-11e3-b1f0-d4ae5275396f&ch=d1074ea0-3389-11e3-b3a6-d4ae5275396f   FROM ME: Phoenix Commercial Real Estate and Investment Real Estate: investors and Owner / Users need to really know the market today before making …

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Weekly Apartment Closing  Update  and map for apartments for sale  Phoenix AZ  Metro –  through January 15, 2016.

              You miss 100 percent of the shots you never take. —Wayne Gretzky   Weekly Apartment Closing  Update  –  Phoenix AZ  Metro –  through January 15, 2016. http://campaign.r20.constantcontact.com/render?ca=fdd9d65b-b564-4ac6-9638-2a3b74635552&c=d05b5730-3389-11e3-b1f0-d4ae5275396f&ch=d1074ea0-3389-11e3-b3a6-d4ae5275396f   Kasten Long Commercial Group tracks all advertised apartment communities, including those advertised by other brokerages.  The interactive map  shows the …

Weekly Apartment Closing  Update  and map for apartments for sale  Phoenix AZ  Metro –  through January 15, 2016. Read More »

1.1 Million U.S. Foreclosure Filings in 2015, Down 3 Percent From 2014

        If at first you don’t succeed, Try, try, try again   Residential News » Irvine Edition | By Michael Gerrity | January 14, 2016 1:01 PM ET New Jersey, Florida Top Foreclosure Rate States in 2015 According to Irvine, Ca – based RealtyTrac’s Year-End 2015 U.S. Foreclosure Market Report, U.S. foreclosure filings …

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Tertiary Markets – Investors explore various opportunities in search of higher ROI.

        The best way to predict the future is to invent it. Alan Kay     By Sara S. Patterson | Jan.Feb.16 Mirroring national trends, commercial real estate professionals in diverse local U.S. markets are experiencing strong interest, especially from out-of-state investors. Their biggest problem isn’t demand, it’s supply. “The biggest challenge …

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WHAT’S BEHIND PHOENIX’S CONDOMINIUM BUILDING REAL ESTATE BOOM?

        “The only safe ship in a storm is leadership.” — Faye Wattleton,    BY ROBRT PELATUESDAY, JANUARY 12, 2016 Creatives have created the kind of downtown that people are less likely to leave at the end of the workday. Developers are noticing. picture For the first time since late-’60s urban renewal chased …

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Urban Legends / Big-city projects provide a template for real estate opportunities.

      “Open your mind, get up off the couch, move.”    By Thomas C. Bothen, CCIM | Jan.Feb.16 Real estate is about people. Urban planner Daniel H. Burnham knew that when he said “Make no little plans; they have no magic to stir men’s blood.” In 1909, he crafted the Plan of Chicago, …

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