Commercial real estate is a thriving and important industry in the 49th State and Alaska Business has it covered. From property management and maintenance to budgeting, capital operations, and how to navigate the business of being a property owner, topics of interest surrounding commercial real estate property are as vast as Alaska itself. Let Alaska Business be your one-stop-shop for all commercial property news.
Latest Real Estate News
While the federal eviction moratorium expired on Saturday, July 31, 2021 Alaska Housing Finance Corporation has contacted all 30,000 applicants in Alaska Housing Rent Relief, reviewed all requests for past-due rent and paid $85.2 million.
The word “unprecedented” was tossed around a lot in 2020, and it can also be used to describe what’s been happening in the residential housing market since the pandemic hit.
The governor’s legislation allows eligible Alaskans to nominate up to 10 acres from the millions of acres of vacant, unappropriated, or unreserved state lands for DNR to offer for sale or lease as a remote recreational site.
Fidelity Title Agency of Alaska announced Paula Price has joined its team as Escrow Officer.
The pandemic has wreaked havoc on the economy and changed the landscape of commercial real estate in Alaska. The good news is that experts say it’s only a matter of time before the market rebounds.
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In This Issue
50 Years of ANSCA
Fifty years ago, as the Watergate scandal swirled around then-President Richard Nixon, he signed into law the Alaska Native Claims Settlement Act (ANCSA). It was the largest land claims settlement in the nation’s history and a stark departure from agreements forced on Tribes in the Lower 48.