Author: Chris Norton

State Of The Metro Phoenix Economy

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Thomas Maynard from GPEC gave a presentation about the metro Phoenix economy at the Scottsdale Area Assoc. of Realtors (SAAR). Economic & Commercial Forum Video Chapter Links 00:21 Opening Remarks 01:11 Speaker Introduction (Thomas Maynard) 02:28 GPEC Overview and Mission 02:38 Macroeconomic Trends 11:52 Affordable Housing Discussion 13:44 Business Development Pipeline and Industry Mix 18:56 … Continued
James Stamas Speaking at the Town Hall Event

2024 Town Hall Meeting for Apartment Owners

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Want to be inspired?  Listen to Zach Haptonstall’s discussion and how he overcame early challenges in 2019 and 2020 – and has now completed $2.3 Billion in apartment transactions.  Anthony DeAgustine and Bob Myers with Avant Guard also provided practical strategies for managing smaller, B and C class properties with our changing market. The purpose of … Continued
Coldwell Banker Commercial Logo

Jim Kasten joins Coldwell Banker Commercial

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Jim Kasten, CCIM, joins the Phoenix office of Coldwell Banker Commercial® as an Associate Broker. Over the past 26 years, he and his team have brokered more than 1,200 apartment communities, exceeding $1 billion in value. Since 1998, he has been providing apartment market research through his Metro Phoenix Apartment Owner’s Newsletter, which he publishes quarterly. He also … Continued

Scottsdale Association of Realtors Water Summit – MAY 2023

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Summary The speakers touched on the state’s impressive water management history, the current state of the Colorado River, and the challenges that the state faces in securing adequate water supplies for the future. The speakers also discussed the importance of water conservation, groundwater management, and the need for new water sources. Highlights Audio – Entire … Continued
WESTMARC Economic Development Summit in the Renaissance Glendale Hotel

2023 WESTMARC Economic Development Summit (West Valley water)

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This year’s WESTMARC Economic Development Summit was all about water in the west valley and we have videos of each session. Authorities from SRP, CAP, and AZ spoke on topics such as “How Arizona Manages its Water Resources Prudently For Growth” and “West Valley’s Water Infrastructure & the Requirements to Fuel Future Economic Growth”. On … Continued

Hobbs reveals West Valley current water supply cannot support planned development

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Arizona’s explosive population growth has made the West Valley one of the hottest targets for new residential and commercial development. But a recent report from the Arizona Department of Water Resources (ADWR) has thrown a serious curveball for investors: the Hassayampa sub-basin, which supplies Buckeye and surrounding areas, does not have enough groundwater to support … Continued

What’s Driving Our Amazing Metro Phoenix Multifamily Market

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New apartment construction – are we overbuilding? What does the future hold for metro Phoenix apartment occupancy, vacancy and rental rates? Apartment sales volume and CAP rates. Are CAP rates heading lower? The factors driving our dynamic metro Phoenix apartment market What’s driving the Downtown Phoenix apartment market?Massive new apartment constructionWhere might investors acquire land … Continued

Metro Phoenix Commercial Featured In Podcast

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We recently talked with Danny Brown, founder of the Myriad Real Estate Group, a highly skilled residential real estate team. Danny shares a key core principle with us; dedicate yourself to always putting the client first! That sounds like it should be obvious but it’s surprisingly not always the case in this business. On his … Continued