Commercial Real Estate Investment Firm Acquires Its Seventh Property in Phoenix

Tower 16 Capital Partners

San Diego-based Tower 16 Capital Partners has acquired Park 67 Apartments, a 160-unit multifamily property located in Glendale, Ariz., for $30.4 million. The Park 67 Apartments project was built in 1973 and was acquired from a private seller. “This acquisition marks our seventh property acquired in the Phoenix market and increases our foothold in the Phoenix area to nearly … [More]

Update on Mandatory COVID-19 Vaccinations or Testing

inbusinessPHX.com

On December 17, 2021, in a 2-1 decision, the 6th Circuit Court of Appeals allowed OSHA’s Vaccination and Testing Emergency Temporary Standard (“ETS”) to move forward by lifting an earlier court’s stay that had put the ETS on hold. In response to the court’s decision, OSHA has initiated an aggressive implementation and enforcement schedule. While OSHA expects covered … [More]

Phoenix Looks for Next Generation of Entrepreneur Farmers with Fellowship Program

City of Phoenix

The city of Phoenix Office of Environmental Programs (OEP) is currently accepting applications for the new Urban Agriculture Fellowship Program as part of the American Rescue Plan Act (ARPA) Phoenix Resilient Food System Initiative. The fellowship is designed to train the next generation of growers who will represent the future of farm entrepreneurship, innovation, and business … [More]

Fractional Real Estate Platform Expands into Arizona

Ark7

Ark7, the hassle-free fractional real estate platform for self-motivated investors to earn passive income, today announced it has entered the Arizona single-family housing market with the acquisition of two residential rental properties in Chandler, located in metropolitan Phoenix. Starting today, Ark7 users can purchase ownership shares in these new offerings starting at … [More]

New Low for Home Supply in November, Says Report

Redfin

The seasonally-adjusted number of homes for sale fell 18% year over year in November to an all-time low, according to a new report from Redfin, the technology-powered real estate brokerage. This sent the median sale price up 15% to $383,100. November marked the 16th consecutive month of double-digit price gains, and so far in December there are no signs of the … [More]

Partnership to Expand Footprint with Three New Ambulatory Surgical Centers

inbusinessPHX.com

Atlas Healthcare Partners, in partnership with Banner Health, today announce the addition of new ambulatory surgical centers (ASCs) in Chandler, Tucson and Northern Scottsdale, Arizona. This brings the total to 24 Banner Surgery Centers in Colorado and Arizona for the Banner/Atlas Healthcare Partners Network. The rapid addition of centers has dramatically increased access to … [More]

Equality Health Gets Investment to Accelerate National Expansion

inbusinessPHX.com

Equality Health, a leading value-based care organization uniquely equipped to address the needs of diverse and historically underserved populations, today announced an equity investment from Finback Investment Partners. Finback's leadership team consists of Co-Founders and Managing Partners former Florida Governor Jeb Bush, George Huber, Jack Oliver, and Jeb … [More]

Magellan Healthcare and DUOS to Offer Personal Assistant for Aging and Behavioral Health Support

Magellan Healthcare, Inc.

Magellan Healthcare, the behavioral health division of Magellan Health, Inc. (NASDAQ: MGLN) today announced a program to connect older adults with companionship and care coordination to manage social isolation, healthcare access and behavioral health needs while supporting their independence. This program is offered through a collaboration with DUOS, a digital health company … [More]

Phoenix Metro is #1 Destination for Those Moving from Chicago, Says Report

Zillow

Allied Van Lines and Zillow collaborated to provide insights into moving and housing trends in the midst of a COVID economy. Florida continued to be a top destination for movers this year, as people sought warm weather, beaches and abundant rental properties. That's a key takeaway from the latest Magnet States Report, which analyzes moves by thousands of Allied Van Lines … [More]

How to Reboot Your Business and Make Changes Work in the New Year

inbusinessPHX.com

When business leaders set annual goals, reaching them requires a collective commitment by their team. But when significant changes are thrust into the equation as a necessary component for the business’ survival and growth, the challenge can be more difficult as some team members may resist or struggle with new processes, roles, or expectations. Many change initiatives fail … [More]

Celebrate the Holiday Season at Sanctuary Camelback Mountain

Sanctuary Camelback Mountain

Enjoy a full line up of outdoor activities, festive Scottsdale happenings and more. Christmas Dinner Celebrate the Yuletide spirit with a spectacular four-course dinner created especially for the occasion. New Year's Eve Toast the arrival of 2022 with early and late dinners at elements and a variety of jade bar festivities and packages. Home for the … [More]

’Tis the Season: Holidays at MIM

Musical Instrument Museum

Celebrate musical traditions from around the world during MIM’s annual holiday event, ’Tis the Season: Holidays at MIM, on December 18 and 19. Make your weekend merry and bright with the sounds of traditional holiday songs played on the harp, a Venezuelan maraca performance by Manuel Alejandro Rangel, and more festive live music. Other holiday-themed activities include … [More]

Toyota Adds the Arizona Mobility Test Center to Its Proving Grounds

Toyota

The Toyota Arizona Proving Grounds (TAPG), Toyota's proprietary U.S. vehicle development and testing facility, will become available to the broader industry as a vehicle testing resource as it officially launches the Arizona Mobility Test Center (AMTC) at TAPG. Toyota has tapped Intertek Transportation Technologies to operate the facility and provide tenant management and … [More]

Arizona Natural Resources Acquires Skincare Manufacturer HealthSpecialty

inbusinessPHX.com

CORE Industrial Partners , a Chicago-based private equity firm, today announced the acquisition of HealthSpecialty, a full-service contract manufacturer of skin, body and hair care products with a focus on premium skincare applications, by CORE portfolio company Arizona Natural Resources, based in Phoenix, Arizona. Founded in 1995 and based in Santa Fe Springs, … [More]

Employee Retention in a Time of Uncertainty

by Dr. Jennifer Charles

News outlets are calling it "The Great Resignation." It's a time when business owners are seeing a staff reduction with a record number of resignation letters coming in, with 4.3 million workers quitting in August 2021 alone. As a business owner, my heart sinks every time I get that dreaded email that someone else has put in their two-weeks' notice. It makes sense; most of my … [More]

Phoenix Community Alliance Announces Center City Award Winners

inbusinessPHX.com

In an ever-changing Downtown Phoenix landscape, the Phoenix Community Alliance (PCA) Center City Awards recognizes the lasting contributions of local changemakers. When the awards were previously known as Center City Starr Awards, individuals honored included public figures like former Phoenix Suns and Arizona Diamondbacks owner Jerry Colangelo, instrumental in the … [More]

Luxury Golf Villas and Condominium Property Reach $100M in Initial Sales

Ascent at The Phoenician

Ascent at The Phoenician® has now exceeded more than $100 million in sales of its Mountainside Residences and Golf Villas. Situated at the base of Camelback Mountain, overlooking The Phoenician® Golf Course and located adjacent to The Phoenician®, a Luxury Collection Resort in Scottsdale, Arizona, the private, gated community of Ascent has become one of Arizona’s most coveted … [More]

Your Next Advocate in Court May Not Be a Lawyer: How UArizona Law Aims to Ease the Justice Gap by Training a New Tier of Legal Professionals

University of Arizona

Undergraduate students at the University of Arizona can now simultaneously earn a Bachelor of Arts in Law and become qualified for licensure as a legal paraprofessional (LP) through a first-in-the-nation program created to expand the options for Arizonans looking for affordable legal representation. The pathway – approved by an administrative order from the Arizona Supreme … [More]

In Business Dailies

Sign up for a complimentary year of In Business Dailies with a bonus Digital Subscription of In Business Magazine delivered to your inbox each month!

  • Get the day’s Top Stories
  • Relevant In-depth Articles
  • Daily Offers
  • Coming Events