Commercial Leases in the Age of COVID-19

by Courtney Beller, Jim Bond & Chris Gooch

As a result of the economic collapse relating to COVID-19, many tenants failed to make their monthly rent payments that were due at the beginning of April. With the calendar turning over to May, a new wave of tenants have now missed their monthly rent payments that were due at the beginning of May. What options does this leave for a landlord? Finding Creative … [More]

Law Firm Grants Request to Food Bank in Response to Pandemic

Jaburg Wilk

Desert Mission Food Bank is facing critical shortages due to Covid-19 pandemic and reached out to Jaburg Wilk with an emergency funding request.  For years, Jaburg Wilk employees have volunteered at Desert Mission Food Bank helping sort, box, pack foods and help food bank clients shop for food. However, since food from restaurants evaporated and food from grocery stores has … [More]

Unemployment Rate at 14.7%, U.S. Lost a Record 20.5 Million Jobs in April. Worst since 1940

U.S. Department of Labor

Total nonfarm payroll employment fell by 20.5 million in April, and the unemployment rate rose to 14.7 percent, the U.S. Bureau of Labor Statistics reported today. The changes in these measures reflect the effects of the coronavirus (COVID-19) pandemic and efforts to contain it. Employment fell sharply in all major industry sectors, with particularly heavy job losses in leisure … [More]

Staffing Firm Extends Waiving of Recruitment Fees in Uncertain Times

Phoenix Staff

Phoenix Staff will continue through May, to waive thousands of dollars in recruiting fees in an effort to help companies and candidates find the perfect match, regardless if the job is available now or in a few months. Since the offer started in March, Phoenix Staff has waived nearly $30,000 in recruiting fees, with more opportunities in the pipeline. The company, with offices … [More]

WEBINAR: AMA Health Officer to speak on ‘Surviving the Pandemic’

Equality Health

Dr. Karen Aletha Maybank, the American Medical Association’s First-Ever Equity Health Officer, to be Guest Speaker on “Surviving the Pandemic” Webinar She joins Black Arizona COVID-19 Task Force and Equality Health in conversation around keeping African American community safe from the coronavirus What: In this second of a four-part webinar series, the Black Arizona … [More]

COVID-19 Stories: Returning to Work after Beating COVID-19 

by Dana Lam 

Receiving a positive coronavirus diagnosis can be scary. After I was diagnosed I knew that people’s perceptions would change, because this is such a misunderstood virus. I was confident in my health and the fact that I could take the precautions necessary, but I didn’t immediately think about how the diagnosis would impact me beyond the two weeks of illness. I spent multiple … [More]

How Brands Can Respond to a Crisis with Empathy

by Ed Mitzen

A public crisis often results in a call to action. The COVID-19 pandemic is the latest and perhaps largest case in point, hitting every aspect of American society and prompting the need for aid, whether it comes from federal and state government agencies or from a small restaurant owner serving free meals to the unemployed and homeless. Some well-known U.S. brands are … [More]

Coffee Co. Donates to Valley Nonprofit for Immediate Needs of Community

Valley of the Sun United Way

Valley of the Sun United Way, serving Maricopa County for 95 years, and Dutch Bros Foundation, the philanthropic arm of Dutch Bros Coffee, are providing hope to those impacted by the coronavirus pandemic. Through the foundation’s $35,000 gift to the United for the Valley COVID-19 fund, local nonprofit partners will receive support for those they serve which is intended for … [More]

Leadership Group Launches Virtual Program to Prepare Valley Leaders Facing this Crisis

Valley Leadership

As Arizona and the rest of the world grapple with the impact of COVID-19, Valley Leadership is launching a new, completely virtual program to mobilize all interested Arizonans in the face of this crisis. Ready Together will cultivate and prepare leaders to identify and solve the pressing issues further exposed by the pandemic. Designed as a living lab, the program will … [More]

Dental Benefits Provider Extends Relief for Customers

Delta Dental of Arizona

Recognizing that the novel coronavirus (COVID-19) pandemic has created unprecedented challenges for businesses, Delta Dental of Arizona, the state’s top-rated dental insurance company announced plans to provide a 25% premium credit to its fully-insured group dental clients. The move provides more than $3 million in relief to more than 2,900 companies statewide. “Due to the … [More]

3.17 Million Jobless Claims Last Week, Adding to Wave of Coronavirus Layoffs

U.S. Department of Labor

In the week ending May 2, the advance figure for seasonally adjusted initial claims was 3,169,000, a decrease of 677,000 from the previous week's revised level. The previous week's level was revised up by 7,000 from 3,839,000 to 3,846,000. The 4-week moving average was 4,173,500, a decrease of 861,500 from the previous week's revised average. The previous week's average was … [More]

Regional Bank Finances Approximately $1 Billion in SBA PPP Loans

FirstBank

FirstBank, one of the nation’s largest privately held banks with a focus on “banking for good,” has closed more than 7,700 SBA Paycheck Protection loans, totaling roughly $1 billion. Out of these 7,700-plus loans, approximately 5,000 were funded in amounts of $50,000 or less – with the median loan amount around $38,000, and the smallest loan at $200. After receiving final … [More]

A Tale of Two Drugs: Money vs. Medical Wisdom

by Elizabeth Lee Vliet, M.D.

At the Presidential Briefing on Apr 30, Dr. Anthony Fauci announced early results, prior to peer-review, of one clinical trial using remdesivir, an intravenous (IV) experimental antiviral medicine in patients hospitalized with COVID-19. At the “warp speed” currently in vogue for the Fauci-led push to a new vaccine, the very next day the FDA issued an Emergency Use Authorization … [More]

As Stimulus Funds Dry Up, Private Sector Firm Provides Funding to Community Associations

Axela Technologies

Axela Technologies, the leading provider of collection solutions for community associations, has announced a funding program that will provide a financial lifeline at a time when HOAs and condos need it most. The funding is available nationwide, effective immediately. “We realize that times are tough, and they are going to get more difficult for community associations,” said … [More]

WEBINAR – May 19: How Innovation Thrives in Challenging Times

Arizona Israel Technology Alliance

An insight into innovation trends and outlook on global economic outcomes from the pandemic. Join the Arizona Israel Technology Alliance to hear from Consul General Newman who will provide a unique overview of Israel’s coronavirus response, and in particular, he will cover how Israel is focusing on technological solutions to mitigate this global crisis. The … [More]

WEBINAR – May 18: Retail Trends – The Shape of Things to Come

Marcus & Millichap

Please join us for an engaging panel discussion with industry leaders on the retail real estate investment market. The Shape of Things to Come: How Will the Economy and Retail Real Estate Look After the Global Health Crisis? REGISTER HERE   PANELISTS CONOR FLYNN Chief Executive Officer Kimco Realty … [More]

How to Take Fear Out of the Workplace in a COVID-19 World

by Rich Armstrong and Steve Baker

Fear. Uncertainty. A growing sense of panic every time the president delivers a national address about the far-reaching effects of the coronavirus. Chatter around the workplace these days is filled with questions like: Will I get sick? Will I have a job tomorrow? Can I afford to pay my rent? What can one do when facing fear in the workplace? The good news is that one can … [More]

Communities Impacted by COVID-19 See $1.5 Billion in CARES Act Funds Available

Economic Development Administration

U.S. Secretary of Commerce Wilbur Ross today announced that the Department’s Economic Development Administration (EDA) is now accepting applications from eligible grantees for  Coronavirus Aid, Relief, and Economic Security Act (CARES Act) supplemental funds (EDA CARES Act Recovery Assistance) intended to help communities prevent, prepare for, and respond to … [More]

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