Economy

“Building communities requires some sort of incentives program—but it must be one that is predictable and sustainable, transparent and accountable, and smartly devised and strategically deployed,” said Gov. Murphy in his address.

Real Estate Forum is searching for young professionals who have made a noticeable impact on the industry. The application deadline for nominations is fast approaching at July 17, 2019.

In the past five years, the medical office vacancy in Phoenix has dropped 33%, with the Southwest Valley leading the absorption activity.

Apartment rents in the market have increased nearly 5% over last year to an average of $1,440 per unit.

Apartment Guide provides figures on the 50 most expensive cities to lease housing in the US, ranging from studios to three bedrooms.

This week, WhyHotel announced plans to launch a new pop-up hotel in Houston, the company's first location outside of the East Coast, and will be launched in partnership with Camden Property Trust.

The building at 267 Rogers Ave. had once been a source of NIMBY discord but now serves to provide affordable housing and shelter for homeless families.

Demand is increasing for high-rise-style apartment living, and it could be a catalyst for more condo development.