Downtown Tucson $18M Work-Play Destination Project Ready to Break Ground

Tucson-based real estate developer Bourn Companies, in conjunction with a group of investors from Mexico led by the Bours/Stamos Zaragoza family, announced ground breaking on a new 5-story mixed-use, transit-oriented development project in the heart of downtown at 40 E Congress Street in Tucson, being called “City Park”.

This $18 million development will feature Tucson’s first…

Downtown Tucson $18M Work-Play Destination Project Ready to Break Ground

 

Commercial Property Management Challenges in Tucson’s New Urban Hub

Commercial property management has evolved significantly overtime.  No longer must the purview of office staff answering phones and typing up rent rolls, property management professionals today exhibit a wide range of professional skill-sets if they are to be successful.

Many are college-educated in a wide range of disciplines, and all must be…

TREND-REM-article-01-2017.pdf

Commercial Real Estate Loans in U.S. Reach Record-Setting Levels in Late 2016

According to CBRE, commercial real estate lending volume in the U.S. finished the year on a strong note as loan closings surged in November and December 2016.

Despite concerns throughout the year regarding the direction of the global economy, U.S. capital markets remained…

http://www.worldpropertyjournal.com/real-estate-news/united-states/new-york-city-real-estate-news/cbre-lending-momentum-index-commercial-real-estate-mortgage-data-cmbs-report-2017-commercial-lending-report-december-2016-brian-stoffers-commercial-real-estate-news-10260.php

TAR Reports Pending Home Sales Bounced Back in January

TUCSON, Arizona — Tucson Association of Realtors (TAR) has released stats for January 2017. Average Sales Price decreased 4.17% this month to $217,144 from $226,598, while home sales pushed up 13.60%, per the Tucson Association of REALTORS® Multiple Listing Service.

The Average Selling Price compared to one year ago has…

https://realestatedaily-news.com/tar-reports-pending-home-sales-bounced-back-january/