While August temperatures spiked, the real estate market was cooling down, according to the monthly report from the Center for Real Estate Theory and Practice at the W. P. Carey School of Business.

You already knew that decisions about where to locate your business involve factors such as size of space, type of space, common area expenses and rent.

Plans to open the David and Gladys Wright House in the Phoenix neighborhood of Arcadia as a museum have spurred debate.

What is business success? Profitability, right? But what if you have other aspirations for your business, such as promoting a social cause or helping the environment? Up to now, for-profit companies could not codify those non-financial objectives.

The 2015 real estate market in Phoenix took off in the first week of February 2015, but quieted down beginning in July to finish the year on a less exciting, steady-as-you-go pace.

Michael Orr, director of the Center for Real Estate Theory and Practice, relives the housing crash while watching the Oscar-nominated film “The Big Short” with The Arizona Republic’s Catherine Reagor.

Optimism prevails in the Phoenix real estate market, according to expert Mike Orr, speaking at the Economic Club of Phoenix. Overall supply, which has been low, is now 77 percent of normal and rising fast, he said. But demand is 99 percent normal, which means prices are rising.

The numbers are in, and the real estate market finished 2015 on a high point, especially for new home sales. December was the strongest month for new home sales since 2008, with nearly 1,500 newly built homes recorded. That’s up 45 percent from November and 58 percent from December 2014.

Commercial Property Executive quoted Real Estate Professor Mark Stapp in their article about the effects of the Brexit: the United Kingdom's exist from the European Union.

A real estate investment trust (REIT) is a particular type of company that owns and manages an income-producing property and provides the average person an opportunity to invest in commercial property.