Hospitality: Approximately $11.4 billion in lodging assets sold in the first half of 2011, compared to $4.9 billion in the first half of 2010 (CoStar). Multi-family: Apartment transaction volume surged 132 percent from this time last year until now (Real Capital Analytics). Office: The U.S. office market absorbed 12.0 million square feet in 2011, which is the highest amount of absorption since 3Q07 (Grub & Ellis). Retail: In 2010, there were … [Read more...] about Making Transactions Happen for Clients
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The Economic Impact of Camping for Northern Arizona
It has been a busy July for campers in Northern Arizona. For the government, people and businesses of Flagstaff, camping means much more than sleeping bags and s’mores. In a city surrounded by the world’s largest ponderosa pine forest, many stores are finding that the great outdoors is good business. The downtown Flagstaff store Peace Surplus receives a large piece of their profits from catering to the needs of campers, owner Steve Chatinsky said. “About 30 to 40 percent of our overall … [Read more...] about The Economic Impact of Camping for Northern Arizona
