Fewer homes than ever were for sale in December, driving seasonally-adjusted home sales down 3.6%, according to a new report from Redfin, the technology-powered real estate brokerage. This marks the largest month-over-month sales decline since May 2020. Home prices surged 15% from a year earlier, the 17th consecutive month of double-digit increases. “Home sales are slumping, … [More]
Global Supply Chain Expert Seema Phull Joins KORE Power as Chief Operating Officer to Support Rapid Growth of KORE’s U.S. Lithium-Ion Battery Manufacturing
KORE Power, the U.S.-based developer and manufacturer of battery cell technology, today announced that Seema Phull has joined the company as chief operations officer. As COO, Ms. Phull will play a critical role in the manufacturing and delivering of KORE’s U.S.-made lithium-ion battery cells and the operation of the KOREPlex battery manufacturing facility in Arizona. Ms. … [More]
BetMGM and Arizona Cardinals Reveal First Look at BetMGM Sportsbook Coming to State Farm Stadium
BetMGM, a leading sports betting and iGaming operator, and the Arizona Cardinals have released initial images of the nearly 17,000-square-foot BetMGM Sportsbook scheduled to open on the State Farm Stadium campus in time for kickoff of the 2022 football season. This milestone opening will mark the first sportsbook at an NFL stadium. Construction is underway on the two-story … [More]
Real Estate Firm Expands Footprint in Arizona, Acquires Limitless Estates
Vertical Street Ventures, a leading Private Equity Multifamily Real Estate Firm, today announced the acquisition of Limitless Estates, which will bring on board Kyle Mitchell as its newest Managing Partner. Kyle will take over and lead acquisitions for VSV as it furthers its expansion in the fast-growing Arizona Multifamily Market. Kyle brings substantial … [More]
Green Technology Co. Launches Organic Urban Farm
Green Planet Group, an emerging leader in green technology, announced that its wholly owned subsidiary, Healing the Earth Inc. launched its urban farm operation last week. The company has trademarked the name "Healing the Earth Farms" as its brand name for all growing activities. The farm will utilize its patented growing technology to both demonstrate its … [More]
Arizona’s Largest Craft Cidery Signs Distribution Deal with Hensley
The veteran-owned and family run craft cidery, Cider Corps, announced that is has signed a distribution deal with Hensley Beverage Company. The partnership comes as the 4-year-old cidery completes its expansion into a 14,000 sqft production facility and will help make its craft beverages available at small and large outlets around the state. “We are so humbled by the … [More]
NerdWallet Announces Expansion into Scottsdale
NerdWallet, Inc. (Nasdaq: NRDS), a website and app that provides consumers and small businesses with trustworthy financial guidance, announced today it is establishing the company’s third U.S. location with the opening of an office in Scottsdale. “As one of the nation’s leading financial services companies, we are thrilled NerdWallet has chosen Scottsdale as their third office … [More]
Nikola Tre BEV Approved by California Air Resources Board as Zero-Emission Vehicle
Nikola Corporation, a global leader in zero-emissions transportation and energy infrastructure solutions, announced that its Nikola Tre battery-electric vehicle (BEV) has been deemed eligible for the Hybrid and Zero-Emission Truck and Bus Voucher Incentive Project ("HVIP") program by the California Air Resources Board ("CARB") With this approval, purchasers of the … [More]
Capital Management Firm Launches International Value Fund
Smead Capital Management announces the launch of the Smead International Value Fund, a series of the Smead Funds Trust, to public investors. On January 11th, 2022, the Smead International Value Fund succeeded all of the assets of the Smead International Value Fund LP. The Fund will offer retail and institutional share classes starting at a minimum of $100 for … [More]
Mereo Networks Acquired by Highway 89 as Part of Landmark Expansion Deal
Highway 89, a premier in-building gigabit internet service provider, announced today it acquired four individual operating companies supported by an investment from Freedom 3 Capital, making the company one of the largest bulk internet service providers in the Western United States. Highway 89 now has access to over $100 million of capital to support the development of … [More]
Rehabilitation Hospital Breaks Ground in Peoria
Adolfson & Peterson Construction, a top national construction management firm and general contractor, and Reunion Rehabilitation Hospitals, a system of state-of-the-art inpatient rehabilitation hospitals, today announced the groundbreaking of a new location in Peoria with support from America Development & Investments LLC, a leading healthcare real estate developer … [More]
First Community Bank in Arizona to Launch in More Than 14 Years Opens Doors
The highly anticipated Scottsdale Community Bank is opening its doors, becoming the first new community bank in Arizona in more than 14 years. Scottsdale Community Bank received final approval from the Federal Deposit Insurance Corporation and the State of Arizona effective January 10, and it plans to hold its grand opening for the public within the next 60 days. “We are … [More]
City of Phoenix Offers Food Business Training for Entrepreneurs
Through a partnership with Thrive Consultancy, Inc., the city of Phoenix's Office of Environmental Programs (OEP) is excited to offer a special training program for potential and current food business owners. Applications are open through Feb. 1 for the 10-week Sustainable Cooperative Food Business Training Program, which will build your skills and confidence for starting (or … [More]
