Housing affordability improvements brought on by historically low mortgage rates and dampened rent growth are quickly evaporating as housing costs rise faster than incomes. A new Zillow® analysis finds these affordability1 issues are expected to worsen by the end of the year, and are likely to leave millions newly housing cost burdened. Interest rates play a major role in … [More]
Industrious Women’s Summit Coming August 20
Women are rising to the top in male-dominated industries, but continuing this charge calls for the support of like-minded professionals. To provide valuable connections for women, Better Business Bureau Serving the Pacific Southwest (BBB) is hosting its 4th Annual Industrious Women’s Summit (IWS) on August 20. The virtual event will feature interactive discussions on … [More]
Moving & Storage Co. Signs On with U-Haul to Become Dealer
U-Haul Company of Arizona is pleased to announce that W&W Management Group LLC signed on as a U-Haul® neighborhood dealer to serve the Phoenix community. W&W Management Group will offer essential services like U-Haul trucks, towing equipment, moving supplies and in-store pickup for boxes. W&W Management Group owner Brandon Ward Sr. is proud to team with the … [More]
WEBINARS – Aug 24, 26 and 31: Arizona Small Business Boot Camp & Collective
UPCOMING SESSIONS Please join us for the upcoming Boot Camp sessions. If you missed any sessions this week, watch here. SESSION 179: TUESDAY - August 24 | 9:00 AM Growing Your Small Business with Artificial Intelligence Artificial intelligence can pose a significant advantage for your business. Many people aren’t aware of the benefits, let … [More]
Arizona Restaurant Association Partners with HonorHealth Desert Mission Food Bank
The Arizona Restaurant Association’s popular Arizona Restaurant Week events have long been an opportunity to support the hospitality industry in the state. This fall, the ARA is leveraging this event to raise vital funds for another important cause — helping underprivileged members of the community, those that are experiencing homelessness and those affected by the … [More]
Nikola Awarded Nearly $2M U.S. Department of Energy Grant
Nikola Corporation, a leading designer and manufacturer of heavy-duty commercial battery-electric vehicles (BEV), fuel-cell electric vehicles (FCEV) and energy infrastructure solutions, today announced that they have been awarded an approximate $2 million grant from the U.S. Department of Energy to advance its research into autonomous refueling technologies for future hydrogen … [More]
GoDaddy to Repurchase $250 Million of GoDaddy’s Common Stock
GoDaddy Inc., the company that empowers everyday entrepreneurs, today announced it has entered into an accelerated share repurchase agreement (ASR) with Goldman Sachs & Co. LLC to repurchase $250 million of GoDaddy's common stock. The ASR was entered into pursuant to GoDaddy's share repurchase program, under which approximately $750 million share repurchase authorization … [More]
Multiple Arizona Dentists Maximize Practice Value in $60 Million Group Sale
Menlo Dental Transitions is pleased to announce the successful aggregate sale of multiple Arizona dental practices to a dental partnership organization. The practice transitions brokerage assembled the large group of individual practice owners and represented the dentists collectively during the sale. An initial group of practices sold for $30 million on Aug. 6 with a second … [More]
Carvana to Invest Approximately $126M in Leading Insurtech Root, Inc.
Carvana, the leading e-commerce platform for buying and selling used cars, and Root, Inc. (NASDAQ: ROOT), the parent company of Root Insurance Company, the leading insurtech carrier, today announced an exclusive partnership to develop integrated auto insurance solutions for Carvana’s online car buying platform. In connection with the partnership, Carvana will invest … [More]
Tech Co. Receives AOAC Certification for the World’s First Quantitative Microarray Test for Cannabis
PathogenDx, Inc., an Arizona based technology company which has developed a multiplexed microarray-based pathogen testing platform, today announced that its QuantX Total Yeast and Mold test, the world's first quantitative microarray test for Cannabis, has received an AOAC® Performance Tested Methods SM (PTM) Certificate from the AOAC Research Institute, making PathogenDx the … [More]
Richmond America Homes and Oakwood Homes Purchase 372 Finished Residential Lots for Nearly $27.5M
Land Advisors Organization’s Homebuilding Team is pleased to announce the closing of nearly 80 acres in Cross Creek Ranch to Richmond America Homes and Oakwood Homes for nearly $27.5 million. The sale delivers 372 finished residential home lots and is the second of a two-phase sale to these builders in the Cross Creek Ranch community, located in Coolidge, Arizona. The first … [More]
Cawley Architects Transforms Lives with Phoenix Rescue Mission’s Much-Needed, Inspiring Life Recovery Building
Cawley Architects continues its mastery of designing projects that serve the needs of a community with a collaborative project at the Phoenix Rescue Mission – the Life Recovery Building at the Transforming Lives Center. In collaboration with the Phoenix Rescue Mission and its generous donors and general contractor GCON, Cawley Architects provided design expertise for the $9 … [More]
George Oliver Pockets $57M for Experiential Office Asset
Phoenix-based developer George Oliver Cos. has sold CASA, a 177,522-square-foot, experiential office redevelopment in Phoenix’s Uptown neighborhood. Macquarie Asset Management paid $56.5 million, or $312 per square foot, for the Class A asset, setting a new record for the Piestewa Peak submarket. JLL’s Benjamin Geelan and Brian Ackerman represented the seller. Initially … [More]
Physical Therapy Software Entrepreneur Launches Rizing Tide Foundation, Announces Scholarship Program to Promote Diversity & Inclusion in PT
Rizing Tide, a foundation dedicated to inspiring more diversity and inclusiveness in the physical therapy (PT) workforce, is proud to announce five scholarship opportunities for promising BIPOC students on the path to pursuing their Doctorate of Physical Therapy (DPT) or who will be attending a PT residency program. Scholarship recipients are selected by a committee and awarded … [More]
