Kansas City-based Bar K has fetched an acquisition deal that will catapult bold expansion plans.Arizona-based Diversified Partners, a commercial real estate brokerage and development company, has been working on the deal for two years. Now the acquisition is in escrow.Diversified Partners wants to open 100 new Bar K locations across the U.S. and Canada by…
The advent of artificial intelligence (AI) has been sending shockwaves across nearly every industry, and real estate is no exception. While our industry is notorious for its lethargic adoption of new technologies, it is inevitable that AI will reshape many of the traditional and archaic processes that exist today. Those unwilling to embrace and adopt…
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The Michigan Unemployment Insurance Agency is cracking down on fraud, overhauling its computer system and trying to upgrade its services. Issues plagued the Michigan Unemployment Insurance Agency when Director Julia Dale took the helm in October 2021.“There were any number of problems,” she said of the beleaguered department. “There’s the song that says ‘I have…
A development team has secured a large refinancing loan for a new, fully leased industrial park in Goodyear called “Yuma|143.”The joint venture with Phoenix-based Baker Development Corp., New York-based Foundation Capital Partners and GTIS Partners secured a $39 million refinance loan from Arizona Bank and Trust. The purpose of the loan was to create a…
By: Mortgage interest rates soared across the board last week, as the rate on the government’s low down payment option increased to the highest level in 21 years. See the full article on mortgage interest rates, or, read more Arizona real estate investing news.
By: The job market has cooled over the summer. But it’s still strong enough to defy predictions that higher interest rates would tip the United St… See the full article on mortgage interest rates, or, read more Arizona real estate investing news.
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The property was purchased by a partnership between Phoenix-based Atlas Capital Partners and New York-based DRA Advisors, a real estate investment … See the full article on this Arizona real estate event, or, read more Arizona real estate investing news. It’s up to you!
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