Vestmont Insights https://vestmont.com/insights.html Capital markets commentary, Phoenix-specific market views, and asset-class deep dives from Vestmont Capital. en-us https://vestmont.com/assets/logos/vestmont-logo-new.png Vestmont Insights https://vestmont.com/insights.html Select-service economics in a $300/sf world. https://vestmont.com/insights/select-service-hotel.html https://vestmont.com/insights/select-service-hotel.html Mon, 19 May 2026 08:00:00 -0700 Hotel Development What flag, what footprint, and what FF&E reserves actually pencil when construction stays sticky. The West Valley basis trade nobody is talking about. https://vestmont.com/insights/west-valley-basis-trade.html https://vestmont.com/insights/west-valley-basis-trade.html Thu, 15 May 2026 08:00:00 -0700 Phoenix Multifamily Class B vintage product is trading at land basis in pockets of Surprise, El Mirage, and west Glendale. We map the submarkets where the rent comps still don't work — and where they do. Why mixed-use comps lie — and how to underwrite around it. https://vestmont.com/insights/mixed-use-comps.html https://vestmont.com/insights/mixed-use-comps.html Fri, 09 May 2026 08:00:00 -0700 Mixed-Use Mixed-use deals are usually comped against single-product peers. Here's how to build a defensible BOV. Grocery-anchored is still the safest yield in CRE. https://vestmont.com/insights/grocery-anchored.html https://vestmont.com/insights/grocery-anchored.html Mon, 21 Apr 2026 08:00:00 -0700 Retail Why the spread between grocery-anchored cap rates and 10-year treasuries still pencils for patient capital. Entitled vs. raw: what's the basis spread worth today? https://vestmont.com/insights/entitled-vs-raw.html https://vestmont.com/insights/entitled-vs-raw.html Mon, 14 Apr 2026 08:00:00 -0700 Land How developers are pricing entitlement risk in the East and West Valley as utility timelines extend. Why bridge-to-perm is back, and what to ask before you sign. https://vestmont.com/insights/bridge-to-perm.html https://vestmont.com/insights/bridge-to-perm.html Mon, 17 Mar 2026 08:00:00 -0700 Capital Markets Spreads have compressed and rate-cap costs are real. A practical checklist before you commit to a 24-month bridge. Small-bay vs. big-box: the divergence is real. https://vestmont.com/insights/small-bay-vs-big-box.html https://vestmont.com/insights/small-bay-vs-big-box.html Mon, 10 Mar 2026 08:00:00 -0700 Industrial Sub-30k sf flex is leasing at premium rents while bulk distribution sits. The capex implications matter.