The significant decline of transactions in primary markets has sustained strong liquidity in secondary and even tertiary markets. As a result, secondary markets comprised 44.6 percent of total multifamily transaction volumes at midyear, a record for this indicator if analyzing the past nearly two decades. Phoenix and Denver led… Read More
The principal members of the Arizona Chapter of NAIOP voted JLL as the 2016 “Brokerage Firm of the Year” for making the most significant contributions to the Arizona office and industrial market. This is the third time in the past five years JLL has been honored with this award.
The recognition comes… Read More
JLL’s Q4 Office Investment Outlook identifies Phoenix as the sixth secondary market with the highest investment volume at $1.9 billion. Various sources predict strong growth within the local market for years to come:
- Moody’s predicts 4.2% annual GMP growth in Phoenix for … Read More
As multifamily rent growth begins to slow among the nation’s biggest markets, a few markets are maintaining their strong performance and driving positive trends over the forecast horizon. Phoenix is one such market in the West region that is expected to outperform due… Read More
In an effort to strengthen its already broad suite of finance and investment capabilities, JLL today announced the addition of two market experts in the firm’s Capital Markets group. Industry veteran Robert Kline has joined JLL’s Capital Markets, Finance unit as a Managing Director in the Phoenix office. Dan Postal has… Read More
The national multifamily market maintains its momentum after another quarter of declining vacancy, steady absorption gains, and rising rents. All of these positive indicators continue to fuel investment activity as 2016 is on pace to exceed last year’s peak volume. Many of the national themes driving the multifamily market… Read More
Phoenix ranked No. 9 in a recent study of the “Best Cities for Building Wealth in 2016,” ahead of New York, Chicago, Philadelphia and Dallas.
Bankrate ranked cities based on five categories: savable income, human capital, access to financial services, homeownership rate and debt burden. Phoenix had the third… Read More
In September, our JLL family grew a little larger with the addition of Tivon Moffitt, Peter Bauman and John Paul Mulhern. The team leads the Phoenix office’s net lease investment sales practice. In the second edition of our “Broker Spotlight” series, we sat down with the new team members to learn more about their brokerage focus area, their background and hobbies.
JLL Senior Managing Director Dennis Desmond recently sat down with GlobeSt.com for an exclusive interview in their article “What Time is it on the Office Property Clock.” In the article, Desmond discusses how Phoenix was late to recover from the recession and therefore, still has… Read More
Diversified secondary market growth is one of the main factors contributing to the underlying strength of today’s U.S. multifamily sector, and Phoenix is one of the most active secondary markets. JLL’s Q2 Multifamily Investment Outlook explores multifamily market trends we are experiencing in Phoenix and throughout the U.S.
Multifamily sales have the potential to outpace 2015’s record-setting volumes
While the rate of growth is slowing from last year’s unprecedented record, national multifamily… Read More