Roughly one in 15 (6.5%) U.S. homes for sale had a price drop during the four weeks ending September 24, on average, up from 5.8% a month earlier–a sharp monthly increase compared to the same period in years past. That’s according to a new report from Redfin, the technology-powered real estate brokerage. At the same time, the median home-sale price is up 3% year over year and … [More]
Wealth Management Pioneer Joins Phoenix-Based Wealth.com to Advance Estate Planning Solutions
Wealth.com, the industry’s leading estate planning platform, today announced Brian Hamburger, JD, CRCP, as a strategic advisor. Hamburger is the founder, president and chief executive officer of MarketCounsel, the leading business and regulatory compliance consulting firm to the country’s preeminent entrepreneurial independent investment advisers. With an unmatched expertise in … [More]
West Valley Retail Demand Brings Phoenix’s Agua Fria Plaza to 100% Leased
Institutional owner and investor Westwood Financial, Phoenix-based retail brokerage specialist Western Retail Advisors has completed a string of leases that bring the Agua Fria Plaza retail center in Phoenix’s West Valley to 100% leased. The center, which is located at the southeast corner of 91st and Olive avenues in Peoria, sits directly along the Loop 101 Freeway, just … [More]
Valley Homebuilder Breaks Ground on Community of Homes for Banner MD Anderson Cancer Center Patients
Taylor Morrison, Banner MD Anderson and the Banner Health Foundation broke ground on eight homes in Gilbert, AZ, as part of Banner MD Anderson Cancer Center's Home Away from Home program, which provides housing and financial assistance to patients who travel to the Valley for care at Banner MD Anderson. The community, which will include 16 homes upon completion, will provide … [More]
Arizona Manufacturer Helps Make History in Saudi Arabia as Lucid Opens Country’s First-Ever Car Manufacturing Facility
Lucid Group, Inc. has officially opened the first-ever car manufacturing facility in Saudi Arabia. As Lucid's second Advanced Manufacturing Plant (AMP-2) and first international plant, the facility will produce Lucid's groundbreaking electric vehicles for Saudi Arabia and export to other markets. The initial operation re-assembles Lucid Air vehicle 'kits' that are … [More]
New Developments Represent a $195M Investment, Add over 550 Single-Family Rental Units to Phoenix Market
Sunstone Two Tree, a developer and operator of rental housing communities in high-growth markets throughout the United States, announced plans to develop three new build-to-rent (BTR) communities in Arizona. The three communities will add more than 550 single-family rental homes to the Phoenix metropolitan area. Sunstone Two Tree now has nine BTR communities totaling close to … [More]
Construction Co. Marks Start of New Municipal Complex for City of Surprise
Willmeng and the City of Surprise kicked off work on a multi-faceted municipal project that will include a new fire station as well as a community pool and park. This project is located north of Cactus Road at Perryville Road in the fast-growing southwest portion of the City of Surprise. Fire Station 309, the Aquatics Center and park will be situated on the same site and will … [More]
Innovation Unleashed Tonight and This Weekend at Scottsdale Fashion Week
Scottsdale Fashion Week (SFW), powered by Steve LeVine Entertainment & Public Relations and FORD/Robert Black Modeling Agency, returns for its seventh annual fashion series with four days of fashion shows and entertainment taking place from Thursday, September 28 to Sunday, October 1. Tickets are on sale now at ScottsdaleFashionWeek.com. SFW features runway shows with … [More]
Goodwill Raises More Than $285,000; Funds to Support Job Seekers, Arizonans without a High School Diploma, Veterans
Goodwill of Central and Northern Arizona (GCNA) hosted its annual Empower fundraising breakfast on Wednesday, Sept. 20, at the Phoenix Art Museum. More than 350 guests gathered to learn how Goodwill transforms the lives of individuals and families through programs and services like The Excel Center, a tuition-free high school for adults, the new Veteran and Military Family … [More]
Healthcare Venture Studio Partners to Support the Development of Future Disruptive Healthcare Startups in Phoenix
The Journey Venture Studio announced a strategic partnership with The Northern Arizona Regional Behavioral Health Authority (NARBHA) Institute. This partnership will further aid in the support of diverse entrepreneurs creating disruptive healthcare tech startups in Phoenix. The NARBHA Institute’s aspiration is to use its organizational influence and funds to enhance … [More]
Partnership Agreement to Establish New Aircraft Conversion Site in Marana
Marana Aerospace Solutions (Ascent Aviation Services) and Israel Aerospace Industries (IAI) have signed a long-term agreement to establish a conversion site and carry out passenger-to-freighter conversions on Boeing 777-300ER aircraft. Within the framework of the collaboration agreement, IAI plans to have Ascent convert two lines of Boeing B777-300ER aircraft, starting in 2024 … [More]
Phoenix-Based HVAC Co. Partners to Expand Technology Presence in Asia
Phoenix-based ECM Technologies, a leading innovator in HVAC efficiency and energy conservation solutions, is proud to announce its strategic international partnership with Singapore-based company, AC Wise, to distribute ThermaClear® – a groundbreaking HVAC anti thermal degradation technology – to the Asian market. As the demand for energy efficient and sustainable technology … [More]
Massage Envy Opens New Concept Clinic in Mesa
Massage Envy, a national leader in skin care and the nation's No. 1 provider of massage in the U.S. collectively across its franchise network, today announced the opening of its first new concept clinic designed to transform the way guests and members experience wellness through skin care, massage and recovery services. With the evolution of self-care into a total body … [More]
WEBINAR – Oct 10: Navigating Cash Flow
UPCOMING SESSIONS Please join us for the upcoming Boot Camp sessions. Navigating Cash Flow 10/10/2023 | 9:00 AM Discover the fundamentals of managing cash flow effectively. Learn essential strategies to optimize your incoming cash, minimize expenses, and harness the power of your finances to drive your business forward.Don't miss this … [More]
Partnership for Economic Innovation Secures Funding for Wearable Technology Research
The Partnership for Economic Innovation (PEI), a passionate collective of business and community leaders dedicated to accelerating Arizona’s economic opportunities, announced that the Arizona Commerce Authority had awarded over $1.8 million to support 8 new applied research projects through its WearTech Applied Research Center. State funding matches private and nonstate funds … [More]
Phoenix Area New Listings Up, Days on Market Drops for Existing Homes for Fifth Consecutive Month
The tight residential real estate market has a couple of bright spots in year-over-year data, according to a report from Phoenix REALTORS® that analyzes data from the most recent numbers available. “We’re seeing a steady market trend as the number of days on the market has declined for each of the last five months,” said Butch Leiber, president of Phoenix REALTORS’ Board of … [More]
96-Unit Affordable Housing Project at Bret Tarver Terrace Gets Financed
The Phoenix IDA recently provided $18.4 million in Multifamily Housing Revenue Bonds in support of Bret Tarver Terrace, a 96-unit affordable housing project that will be constructed on 3.42 acres on the southwest corner of McDowell Road and 31st Avenue in Phoenix. The project – named after a Phoenix firefighter who died in the line of duty – will include one-, two- and … [More]
Investment Advisor Firm Partners to Support Professional Development and Leadership Training
Priority Financial Group, a third-party registered investment advisor serving financial advisors and financial institutions, is pleased to announce a three-year commitment of time, talent and financial resources to support the Financial Planning Association of Greater Phoenix. The collaboration supports FPAGP’s initiatives in professional development and leadership training for … [More]
