A coalition of residents and over 25 community organizations have formed to oppose the Northern Arizona Healthcare Health and Wellness Village project, stating that the City of Flagstaff lacks enough information about its potential social, environmental, and economic impacts. Despite these concerns, the Flagstaff City Council has approved the Phase I specific plan for the Flagstaff Medical Center and the required zoning map amendments and development agreement. The opposition coalition, “Flagstaff Community First,” is holding demonstrations and petition drives, aiming to force rezoning to a voter referendum.

Maricopa County now offers an automated service called Maricopa Title Alert, which sends alerts when documents referencing specific names are filed with the recorder’s office. The service is free and requires registration with an active email address. However, registrants should be aware that the email address used for registration will be subject to public disclosure. Rose Law Group pc is available to register on behalf of clients to maintain anonymity for a small annual fee.

Maricopa County has introduced an automated service called Maricopa Title Alert that notifies subscribers when documents referencing specific names are filed with the recorder’s office. The free service requires registration with an active email address and names of individuals or businesses to monitor. However, the registered email address and names will become public record. Rose Law Group offers a service to register on behalf of clients for a small annual fee, maintaining anonymity while monitoring and providing action plans for registered names.

Some US banks are looking to sell off property loans at a discount, even when borrowers are up to date on repayments, to reduce exposure to the unstable commercial real estate market. This follows multiple warnings that the asset class is the “next shoe to drop” after recent turmoil in the US regional banking industry. HSBC USA is in the process of selling hundreds of millions of dollars of commercial real estate loans, potentially at a discount, as part of an effort to wind down direct lending to US property developers.

Kohlberg Kravis Roberts & Co. acquired a 1.3-million-square-foot industrial park, GO | 99, for $165 million, marking the largest industrial sale in 2023. Cushman & Wakefield facilitated the sale of a 599.5K-square-foot industrial building in Glendale for $81.7 million. Ivanhoe Electric purchased 5,975 acres for its Santa Cruz Copper Project for $34.3 million, while Christ Church Gilbert bought a church building and two commercial buildings for $24 million. Lincoln Property Company’s LPC Desert West and Goldman Sachs signed Tempur-Pedic to a full-building pre-lease at Buckeye85.