property values Archives

Paving The Way For Phoenix Small Business Growth

Lisa Alberti - Small Business
by in Business News | Finance & RE Law

Foreshadowing federal reports of an uptick in demand for commercial real estate and small business lending, CDC Small Business Finance recently funded two loans to help a local company purchase three commercial buildings in Phoenix. We wanted to take advantage of lower property values and low financing rates to purchase the buildings,” said Todd Franklin,… Read More →

Arizona’s Local And Regional Banks Are Facing More Distressed RE Loans

retail space avaialble sign in a window of a building

The recent New West Era of Arizona’s fast-growth economy from 2004 through 2007 is now expansion-cycle history. Having faced the Great Recession and what Alan Greenspan called a “once-in-a-century credit tsunami,” we now plan to resume positive economic growth in 2010. Since late 2008, Arizona has lost more than 200,000 jobs. Commercial real estate (CRE)… Read More →