Media
Press coverage, market commentary, investor-learning content, and interactive tools from VAC Development.
LearnInsurance Was the Deal Killer. The Cycle Just Turned, and Not Evenly.
Property reinsurance rates fell the most since 2014 in 2026, but the discount reaches your renewal only in the right markets and only if you shop it
The Data Center Boom Is a Line Item on Your Operating Statement
The AI and data center buildout in Phoenix and Nevada is pushing utility rates up and grid capacity into a multi-year queue, which turns electricity into an underwriting variable for multifamily, retail, and industrial that never houses a server.
LearnTSMC Adds $100 Billion in North Phoenix. The Story Is the Dirt Around It.
On July 16, 2026 TSMC committed another $100 billion to north Phoenix, taking its Arizona total to $265 billion. For nearby owners the number that moved is land basis: entitled supplier land is trading at five to seven times what TSMC paid for its own expansion parcels.
The VAC BriefThe VAC Brief: Retail Stops Getting Built, and the Southwest Splits in Two
US retail construction just hit a 20-year low even as space keeps leasing, while the Southwest industrial recovery splits: Phoenix and Las Vegas are tightening as Boise and Reno still digest supply.
The VAC Brief: The Fed Eased, the 10-Year Didn't, and the Southwest Reloads
The Fed has been parked for six months, but the 10-year Treasury that actually prices CRE debt is higher than before it eased. Meanwhile Southwest industrial is tightening just as developers restart the speculative pipeline.
The VAC Brief: The Apartment Supply Wave Crests Over Las Vegas and Phoenix
Las Vegas and Phoenix apartment rents are still falling as the 2021 to 2023 supply wave leases up, but national absorption has turned and the supply math points to a 2027 turn.
LearnInsurance Is Softening in 2026. Your Loan Proceeds Aren't.
Premiums are falling across much of the market, but the relief won't rebuild the deals insurance broke, because lenders now size loans off a normalized cost and most relief sits in coastal markets we don't touch.
The 2026 Refinancing Window: The Math When Your Loan Comes Due
Inflation just hit a three-year high and the Fed is on hold, yet long Treasury yields fell and CRE lending spreads tightened, opening the most executable refinancing window since 2022.
LearnThe 2027 Apartment Supply Cliff Is Already Locked In
Soft rents in Phoenix, Las Vegas, and Boise are the end of a supply wave, not a warning. Collapsed starts have already fixed a thin 2027-2028 pipeline, leaving demand as the only open variable.
The VAC BriefThe VAC Brief: The Southwest Builds Less, and Demand Comes Back
Las Vegas industrial is now absorbing far more than it delivers while data centers reshape the land market, and the national multifamily supply wave has finally crested.
LearnLas Vegas Commercial Real Estate Analysis: The Corporate and Sports Rewiring of Southern Nevada
Tilman Fertitta is buying Caesars and Barry Diller is bidding on MGM, two pro teams are moving in, and the valley is running out of land. A look at what it all means for Southern Nevada real estate.
LearnThe New Reality of CRE Hold Periods
CRE hold periods have extended 12 to 24 months since 2022. How disciplined sponsors underwrite longer exits while protecting investor returns.
LearnWhere CRE Capital Is Actually Flowing in 2026
Banks, private credit, and the maturity wall are reshaping commercial real estate liquidity. A look at where capital is moving, where it isn't, and what that means for sponsors and investors.
LearnThe K-Economy: A Pillar of the VAC Investing Thesis
VAC Development's white paper on the K-shaped economy: why bifurcated American prosperity is the structural backdrop for commercial real estate capital allocation over the next twenty-five years, and how VAC positions industrial, retail, multifamily, and infrastructure assets across the upper and lower arms of the K.
LearnLas Vegas Retail Market Report: Q1 2026
Southern Nevada retail posted its strongest quarter in two years. 235K SF of net absorption, vacancy down to 4.3%, asking rent at $1.96 NNN. An interactive walk through the submarkets, subtypes, and tourism backdrop that shaped Q1 2026.
LearnPhoenix Industrial Market Q4 2025: Navigating the Shift from Boom to Balance
The Phoenix industrial market concluded 2025 by demonstrating its maturity as a premier global logistics and manufacturing hub.
LearnLas Vegas Retail Market Insights: Q4 2025 Report
The Southern Nevada retail landscape concluded 2025 in a state of structural maturity, with historic scarcity in prime submarkets and a widening flight-to-quality performance gap.
LearnWhat Did VAC Development do in 2025?
While much of the commercial real estate sector spent 2025 waiting for perfect conditions, VAC Development spent the year creating them.
LearnAdvantages of Investing in Small Suite Properties for "Mom and Pop" Businesses
Investing in small suite properties, especially those designed for mom-and-pop enterprises in small bay industrial and retail spaces, delivers measurable economic impact and opportunity.
LearnThe Ultimate Guide to Tenant Screening for Commercial Properties
A bad tenant costs more than a vacant suite. Here is how to screen commercial tenants properly, by property type, and stay inside the legal lines.
LearnLas Vegas Retail Market Report: Q1 2025
The Las Vegas retail market in Q1 2025 maintained stable average asking lease rates despite a decrease in overall sales volume compared to the previous year.
LearnWhat Landlords Need to Know When a Tenant Files for Bankruptcy
When a tenant files for bankruptcy, you're thrust into legal waters that are as complex as they are murky. Here's what you need to know.
LearnLand Banking: A Strategic Analysis of Real Estate Investment and Land Management
Land banking represents a significant long-term strategy in real estate, encompassing both private investment and public land management with distinct motivations and risk profiles.
LearnDecoding the Bond Market: What It Signals for the US and Global Economy
The bond market often provides insightful signals about the future direction of both the US and global economies. Here is what it was signaling around April 2025.
LearnMitigating Risk in CRE Deals - 5 Proven Tactics
Commercial real estate deals offer significant rewards alongside inherent risks. Here are five proven tactics for managing them effectively.
LearnConsumer Sentiment Plunges Amid Inflation Fears and Tariff Uncertainty
The University of Michigan's Consumer Sentiment Index for April plummeted to 50.8, the lowest since the height of the COVID-19 pandemic, driven by inflation fears and tariff uncertainty.
LearnInvesting in Resilience: Why Experiential and Necessity Retail Centers Stand Strong
Learn why necessity-focused and experiential retail centers offer investors stability and long-term value in today's evolving commercial real estate market.
LearnA Historical Analysis of US Tariffs and Trade: Implications of the "Liberation Day" Tariff Announcements
Explore the history of US tariffs, from trade wars to Liberation Day tariffs, and their profound effects on the economy, global trade, and real estate markets.
LearnThe Western US Retail Market in Q4 2024: Retail Space, Population, and Housing
Explore Q4 2024 retail trends in the Western US: insights on retail space availability, population growth, and housing supply dynamics across key markets.
LearnLoss Leaders in Retail Real Estate: Driving Foot Traffic, Enhancing Tenant Synergies, and Maximizing Profitability
Discover how loss leaders transform retail developments. Strategic anchors drive foot traffic, enhance tenant synergy, and elevate profitability.
LearnMapping Profitability: Unveiling the Hidden Forces Driving Strip Center Investments in the Western U.S.
Strip shopping centers under 40,000 SF have shown remarkable resilience across Western US markets. Here is a comprehensive analysis of market trends, cap rates, tenant mix, and recent transactions.
LearnInvestment Viability and Potential of Outdoor Shopping Centers in the U.S.
Outdoor shopping centers have emerged as a resilient and dynamic segment within the retail real estate market, combining accessibility, adaptability, and strong growth potential.
LearnNavigating the U.S. Industrial Real Estate Landscape in 2025: Challenges, Opportunities, and Strategies
The US industrial real estate sector is undergoing significant transformation. Here is a comprehensive analysis of market conditions, demand drivers, regional dynamics, and strategic recommendations for 2025.
LearnInvesting in Grocery-Anchored Retail: A Sound Long-Term Investment Strategy
Grocery-anchored retail centers have consistently demonstrated superior stability and resilience. Here is the case for them as a long-term investment strategy.
LearnComprehensive Report on Construction Contracts
An analysis of construction contract types (lump sum, cost-plus, time and materials, and unit pricing) covering structures, use cases, and strategic selection for developers.