Arizona commercial real estate brokers: Some lenders ignore crisis

Commercial real-estate brokers have coined a phrase, "extend and pretend," to describe lenders' sluggish response to the billions of dollars in bad commercial mortgages on their books... [...more...]

Church's path to God blocked by Glendale's zoning code

Hector Mendoza walked into the little church with a gun tucked into his pants. It was part of the uniform for a guy like Hector who was, to put it nicely, no choir boy.

He was more into gangbangers than Bible thumpers. At 26, he was going through life armed not with the word of God but with an AK-47, two shotguns and a pistol, none of which were registered to him. His drugs of choice: crystal meth and cocaine.  [...more...]

Real Estate Investor Sentiment on the Rise

Recovery on the Doorstep
With the U.S. economy improving, investors plan to increase their stakes in commercial real estate.

Commercial Real Estate Investor Sentiment Turns Positive: Will It Last?
For the first time since 2005, investor sentiment is on an upward trajectory. According to the National Real Estate Investor (NREI)/Marcus & Millichap Investor Outlook Study for the first quarter of 2010, respondents started to show signs of being increasingly positive about the commercial real estate market.[...more...}