2025 was a wait-and-see kind of year for CRE, and multifamily residential in particular. While investors see green in the medium- and long-term in Mountain West markets, the economic uncertainty vibes are likely to again dominate in 2026. Those two forces–steady...
Central Ogden has a new affordable housing complex, and it’s going to be the site of more than just apartments in the near future. The building, named 25th & Quincy and located at 872 25th Street, officially opened earlier this month by J. Fisher Companies. The...
This is the second and final part of a series about the state of newly built low-income housing buildings after years of rapid building in and around Salt Lake City. To read part one, click here. Affordable housing developers in Salt Lake City currently have an issue...
Peter Corroon has a problem. The longtime affordable housing developer and former Salt Lake County mayor started to notice some of his studio and one-bedroom low-income apartments weren’t leasing nearly as quickly as other projects had before. Whereas new buildings...
Despite positive absorption and dipping vacancy rates, there’s still an eerie quiet among office developers in the Salt Lake City region. Not so long ago, three developers Downtown had luxury office towers in their site plans. Two of those projects are dead, while the...
This story has been made free for all readers. If you would like to help support BSL's independent journalism, please consider becoming a paid subscriber. The bill that took away Salt Lake City’s ability to control many of its own streets stemmed from shadowy...
The historic Oquirrh School on 400 East in the Central City neighborhood has a new tenant — and a likely buyer. The Housing Authority of Salt Lake City (HASLC) recently signed a lease to occupy the whole building starting in October, according to Daniel...
Two key luxury high-rises are seeking renters as the industry watches to see whether there's a market for people to spend over $10,000 per month to live in Downtown Salt Lake City. Two recently constructed luxury towers have changed the skyline of Downtown Salt Lake...
A Texas-based luxury property management company recently began making headways in the Salt Lake City market. Kairoi Residential, based in San Antonio, recently took over the property management duties for a handful of Utah developments, including the Worthington...
The Salt Lake City Planning Commission gave a thumbs up on a proposed rezoning that could lead to three for-rent housing units being built behind a historically significant fourplex in the Lower Avenues. The Planning Commission voted unanimously last week to...
Heard faintly over the last few months, it’s not a siren song, but the sound of bubbles of a red herring: at long last, the Federal Reserve is expected to cut interest rates. The Fed raised interest rates quickly in 2022 and 2023 in an effort to curb inflation, which...
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