$850 Million Build-to-Rent Joint Venture Announces Nine Asset Closings since Inception

inbusinessPHX.com

Scottsdale-based Taylor Morrison Home Corporation, a leading national land developer and homebuilder, and Värde Partners, a leading global alternative investment firm, are pleased to share that they have quickly scaled their Build-to-Rent joint venture. In the first several weeks since the venture's inception, it has closed on nine assets across Texas, Florida, North Carolina … [More]

Arizona Voters’ Agenda: Voters Believe Tax Burden Is Low, Prefer Investing Surplus in Critical Infrastructure over Cutting Taxes

inbusinessPHX.com

Following the successful launch of the education issues important to voters earlier this week, Center for the Future of Arizona (CFA) today released its economic and inflation findings as part of their ongoing reveal of the Arizona Voters' Agenda, which identifies what likely voters in the general election want to hear about from candidates as they campaign for their … [More]

Investors Bought a Record Share of Homes in the First Quarter, Despite 17% Decline in Purchases from Pandemic Peak

Redfin

The number of homes purchased by real estate investors in the first quarter declined 11.5% from the fourth quarter of 2021 and 16.5% from the third quarter of 2021, when investor purchases hit a record high, according to a new report from Redfin, the technology-powered real estate brokerage. Still, investor purchases remained above pre-pandemic levels, and investors bought up a … [More]

Avnet & SciTech Institute Partner to Expand Chief Science Officers Program in U.S. and Internationally

inbusinessPHX.com

SciTech Institute, an organization focused on enhancing and promoting the value and importance of STEM education, is pleased to announce it has partnered with global technology distributor and solutions provider, Avnet, Inc., to expand the footprint of SciTech’s Chief Science Officers (CSO) program to new locations in the U.S. and international. Avnet is investing in … [More]

4 in 10 U.S. Workers Considering a Job Change in the Second Half of 2022 

inbusinessPHX.com

Staff turnover will continue to trouble employers, new research from talent solutions and business consulting firm Robert Half shows. According to the company’s biannual Job Optimism Survey of more than 2,400 workers in the U.S., 41% of respondents said they are currently looking or plan to look for a new role in the second half of 2022. Results remain steady from six months … [More]

46-Acre Property Closes, Construction of Class A Industrial Park to Start Aug 2022

inbusinessPHX.com

Mohr Capital, a Dallas-based privately held real estate investment firm, acquired 46.26 acres in one of Arizona’s fastest-growing cities to develop Summit Business Park, a Class A industrial business park in the West Valley. Summit Business Park will offer a combined space of 704,472 square feet of leasable industrial space with 453,960 square feet in Building 1 and 250,512 … [More]

SBA Announces Landmark Collaboration with Historically Black Fraternities and Sororities to Address the Wealth Gap Through Black Entrepreneurship

inbusinessPHX.com

The U.S. Small Business Administration (SBA) and the voice for America’s 32.5 million small businesses in President Biden’s Cabinet, signed a Strategic Alliance Memorandum (SAM)--an authority unique to the SBA among federal agencies--with President Reuben A. Shelton III, Esq., on behalf of the National Pan-Hellenic Council (NPHC)’s Council of Presidents, comprised of nine … [More]

The Palmeraie in Scottsdale Taps Riccardo Vannetti as Chief Brand Officer

inbusinessPHX.com

From the luxury fashion house of Ferragamo, well-regarded international marketing executive Riccardo Vannetti has joined forces with Five Star Development to lead the marketing and branding vision for The Palmeraie, a $2 billion, 122-acre luxury shopping, dining and entertainment destination in the heart of Scottsdale. Vannetti was most recently the chief marketing officer … [More]

Small Business Owners’ Expectations for the Future at 48-Year Low

NFIB

The NFIB Optimism Index fell 0.1 points in May to 93.1, marking the fifth consecutive month below the 48-year average of 98. Owners expecting better business conditions over the next six months decreased four points to a net negative 54%, the lowest level recorded in the 48-year-old survey. Expectations for better business conditions have deteriorated every month since … [More]

Conscious Capital Growth and Main Squeeze Juice Company Partner to Fuel Rapid Expansion of Hot Concept

inbusinessPHX.com

Scottsdale-based Conscious Capital Growth, announced both their partnership with Louisiana-based Main Squeeze Juice Company, the franchise concept that is taking the health and wellness juice category by storm, and the partnership's plans for rapid expansion in the U.S. and eventually worldwide. Conscious Capital Growth, led by franchise veterans, Heather … [More]

Mesa Medical Practice Acquisition to Expand Care in the Phoenix Area

inbusinessPHX.com

VillageMD announced it acquired Velda Rose Medical Center, a primary care practice founded by Mark Goldberg, M.D. Patients in the Mesa and Phoenix area can visit Dr. Goldberg and his care team, including Michael Demko, DO, David Izenberg, DO, Uma Gopakumar, DNP, Leslie Stumpff, LMSW, and Kyle Hunsaker, PA, at Village Medical later this summer. "At … [More]

Four Million Hard-Hit Businesses Approved for Nearly $390B in COVID Economic Injury Disaster Loans

U.S. Small Business Administration

As the country continues to transition from a historic economic recovery to stable, steady growth that works for families and small businesses, Administrator Isabella Casillas Guzman, the voice for America’s 32.5 million small businesses in President Biden’s Cabinet, highlighted the impact of the SBA’s COVID Economic Injury Disaster Loan (EIDL). Through the life of the program, … [More]

Department of Education Grants $2M to Junior Achievement of Arizona

inbusinessPHX.com

The Department of Education has granted $2 million to Junior Achievement of Arizona through the ESSER III Setaside funds, which is now called the AZ ARP School & Community Grant, to expand JA Inspire.  The additional funds will be used to hire 5-7 staff and reach 175,000 Arizona middle and high school students over the next 2.5 years. “JA Inspire is our premier career … [More]

Largest Boutique Yoga Franchise Set for Expansion in Phoenix

inbusinessPHX.com

YogaSix, the fast-growing boutique yoga brand, announced today the signing of a franchise agreement with a local entrepreneur, which will bring three additional YogaSix studios to Phoenix. The new locations, which will nearly double the brand’s presence beyond the four studios currently in the market, are expected to open their doors in the next couple of years. YogaSix has … [More]

What Nonprofits Can Do to Gear Up for Tough Economic Times

inbusinessPHX.com

As concerns rise that the nation could be headed for a recession, leaders of nonprofit organizations may find out just how well they can weather the misery brought about by an economic storm. When the economy goes sour, the demand will become even greater for the services those nonprofits provide. “The people who are hit the hardest by tough times are always those with … [More]

Uber Freight and Waymo Via Partner to Accelerate the Future of Logistics

inbusinessPHX.com

Uber Freight and Waymo Via announced a long-term, strategic partnership to connect their technologies and deploy autonomous trucks at scale on the Uber Freight network. This partnership brings together the power of Waymo’s autonomous driving technology with the scale of Uber Freight’s network and leading marketplace technology, unlocking a roadmap for the thoughtful and safe … [More]

Keller Williams to Scale 72SOLD Services across U.S. and Worldwide

inbusinessPHX.com

Keller Williams (KW), the world’s largest real estate franchise by agent count, has entered a strategic partnership with 72SOLD, the leading home selling program in America. Founded by Greg Hague, an Arizona-based attorney and real estate broker, 72SOLD has an advanced home sale process that is more convenient for sellers, increases their sale price, and provides more … [More]

PetSmart Announced as Official Super Bowl Partner

inbusinessPHX.com

The Arizona Super Bowl Host Committee announced PetSmart, the largest specialty pet retailer, as an Official Partner. Headquartered in Phoenix, PetSmart’s partnership with the Arizona Super Bowl Host Committee is a celebration of the people, pets, culture, and business landscape that makes PetSmart proud to call the Grand Canyon State … [More]

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