Phoenix City Manager Ed Zuercher has named three key additions to his executive team: Kathleen Gitkin as the city's Chief Financial Officer; Steen Hambric as Chief Information Officer; and Michael Hammett as the city's first Chief Innovation Officer. “Kathleen, Steen and Michael all have a solid track record … [More]
Global Investment Firm Grows Self-Storage Portfolio with New Acquisitions in Phoenix, Atlanta and Orlando
KKR, a leading global investment firm, announced that KKR has acquired five self-storage properties totaling approximately 3,884 units for an aggregate purchase price of approximately $92 million. The properties were acquired in separate transactions with two different sellers. All five properties are strategically located in proximity to the high-growth metropolitan … [More]
Hotels Projected to End 2021 Down $59B in Business Travel Revenue, Says Report
The hotel industry is projected to end 2021 down more than $59 billion in business travel revenue compared to 2019, according to a new report released today by the American Hotel & Lodging Association and Kalibri Labs. That comes after losing nearly $49 billion in business travel revenue in 2020. Business travel is the hotel industry’s largest source of revenue and has … [More]
Amazon to Hire More Than 7,500 Employees across Arizona
Amazon continues to provide opportunities for full-time and part-time jobs in logistics as it expands its footprint to better serve in communities where they live. Today the company announced that it is providing an additional 7,500 local employment opportunities throughout Arizona on top of the 40,000 corporate and technology jobs recently announced. The roles in fulfillment … [More]
City of Scottsdale Collaborates with Cigna to Prioritize Firefighter Health and Wellness
The City of Scottsdale has launched a program to protect the health and well-being of its firefighters in collaboration with Cigna, the City’s health benefits partner. The new “Your Call” program provides preventive care and specialized screening tests to promote good health and to help identify potential health issues early. Firefighters face significant on-the-job … [More]
Winners and Finalists for the 2021 Governor’s Celebration of Innovation Awards Announced
Celebrating the visionaries, innovators and future leaders making critical contributions to technology, bioscience and education across Arizona, the Arizona Technology Council and the Arizona Commerce Authority have announced winners of the Future Innovators of the Year and Teacher of the Year awards, as well as individual and company award finalists for the 2021 Governor’s … [More]
Up to 47,000 Arizona Jobs at Risk Due to Proposed International Tax Hikes
An international tax increase on U.S. multinational companies operating in Arizona could create substantial economic uncertainty — and place up to 47,000 Arizona jobs at risk over the next five years. This is the conclusion of a recent report, co-authored by Arizona State University’s Seidman Research Institute and Ernst & Young’s Quantitative Economics and Statistics Team … [More]
Fintech Firm Expands Presence at Renaissance Square
Upgrade, Inc., a San Francisco-based fintech company, is expanding its Arizona operations at Ren Square in Downtown Phoenix. It is the third time Upgrade has added space since it moved into Renaissance Square in 2017. During this latest expansion, the company is leasing two additional floors, totaling 39,144 square feet of space, at the newly-renovated Renaissance Square … [More]
University of Phoenix Collaborates with CareerStep to Create Integrated Learning Pathways in Healthcare
University of Phoenix is participating in the SHRM Conference, West Hall, Booth #12063, and is sharing how an agreement with CareerStep, the allied health training division of Carrus, provides learning pathways for those seeking opportunities to upskill and enhance their careers in allied health. Through this agreement with the University, CareerStep can also provide interested … [More]
Cerberus to Acquire Brooklyn Bedding and Helix Sleep to Form a Leading DTC Mattress Platform
Cerberus Capital Management, L.P. (together with its affiliates, “Cerberus”), Phoenix-based Brooklyn Bedding LLC , and Helix Sleep, Inc. announced the signing of definitive agreements pursuant to which an affiliate of Cerberus will acquire each of Brooklyn Bedding and Helix in a series of related transactions. Upon completion of the transactions, the businesses will operate … [More]
