Two more Biltmore
Pete Bolton, the face of CB Richard Ellis in Phoenix since 1999, will turn his attention to a national stage in a new role training real estate professionals. Bolton, who will remain a senior managing director, has been named co-director of the company’s
Valley home sellers frustrated by a lack of action on their listings will soon have another selling tool: the auction block. More than 100 homes are expected to go up for bid in a mass housing sale set for next month in downtown
Google Inc.’s fourth-quarter profit nearly tripled amid another burst of breathtaking growth that enabled the online search leader to sprint past analyst expectations, a habit that has helped propel its stock price above $500. The Mountain View-based company said Wednesday that it earned $1.03 billion, or $3.29 per share, during the final three months of 2006. That compared with net income of $372.2 million, or $1.22 per share, at the same time in 2005. More…
Office tenants at Westgate
The new owner of the shuttered Marriott’s Mountain Shadows Resort and Golf Club is scaling back his redevelopment plan for the one-time Paradise
WASHINGTON - The economy tested Federal Reserve Chairman Ben Bernanke during his first year on the job. A sinking housing market and a troubled auto industry threatened to short-circuit economic activity. Gyrating energy prices threatened as well. By most accounts, the Fed chairman passed. More…
Chandler has turned the corner from a housing market dominated by new builds to one dominated by resales and infill. With just about all the big parcels taken, housing permits fell to 895 last year, less than half the number in 2005 and less than one-fourth of those issued in 2004, according to the city. Builders are running out of land, and city officials expect the city to be built out in just five years. More…
Developers are working feverishly to put up the first of several supersize speculative buildings, accounting for more than 40 percent of the square footage currently under construction, to answer demand for more industrial space. More…