Insights
Sharp, short, occasional. Capital markets commentary, Phoenix-specific market views, and asset-class deep dives.
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.
Read the full piece →What flag, what footprint, and what FF&E reserves actually pencil when construction stays sticky.
Read →Mixed-use deals are usually comped against single-product peers. Here's how to build a defensible BOV.
Read →Why the spread between grocery-anchored cap rates and 10-year treasuries still pencils for patient capital.
Read →How developers are pricing entitlement risk in the East and West Valley as utility timelines extend.
Read →Spreads have compressed and rate-cap costs are real. A practical checklist before you commit to a 24-month bridge.
Read →Sub-30k sf flex is leasing at premium rents while bulk distribution sits. The capex implications matter.
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