Serving Arizona Small Business The pace of SBA-backed lending continues to rebound. SBA lending remains strong, providing capital to small businesses at a steady pre-recession pace. The first 11 weeks of FY 2013 (which began Oct. 1) saw more loans and more dollars loaned than the same period a year ago, a year in which SBA recorded the second-highest loan volume in the … [More]
The New Luxury Home Market
With “luxury home” generally defined as a home valued at $500,000 or more, a high percentage of Valley homes would have fallen into that category only a few years ago. Today, however, with the average Valley single-family residence valued at $160,000, “luxury home” encompasses a more select market. Luxury properties span the Valley in gated and non-gated communities, and … [More]
Commercial Real Estate: Now is Choice Time for Purchase or Lease
In today’s real estate market, there are bountiful reasons for a business to consider purchasing a property over leasing, especially for a stable company with a long-term growth plan. Says Kent Hanson, who fronts the Industrial Group at Cassidy Turley, “Leasing definitely gives you flexibility if you’re not sure what your next couple of years are going to look like, but a lease … [More]
Commercial Real Estate: Lows Make Highs for Investment
The rebound of the Phoenix-area commercial real estate market remains a long, dark night, with sunnier skies forecast over the next three years, according to Mark Stapp of Arizona State University’s W. P. Carey School of Business. “The good news is that it appears the commercial market has reached its bottom and has stabilized,” says Stapp. “The bad news is we don’t know … [More]
