Bullish About West Valley, Says Real Estate Co. on Acquisition of 224-Unit Multifamily Community

SB Real Estate Partners

SB Real Estate Partners (SBREP) has announced the purchase of Casa Anita Apartments – a 224-unit multifamily community located in the West Valley submarket of Phoenix – for $35.3 million. The property had previously been under private ownership with a California-based family since 2005. SBREP will rebrand the property as Portola West Valley. Following SBREP’s recent sale of … [More]

WEBINAR – Jan 26 and 28: Arizona Small Business Boot Camp & Collective

Arizona Commerce Authority

  UPCOMING SESSIONS Please join us for next week's Boot Camp sessions. If you missed any sessions this week, watch here.   SESSION 114: TUESDAY - January 26 | 9:00 AM Yelp Communications and Reputation Management in 2021 Join us for an interactive session on best Yelp practices to help grow your business, … [More]

CO+HOOTS/HUUB and Startup Tucson Win National Innovation Competition

U.S. Small Business Administration

The U.S. Small Business Administration partnered with the National Science and Technology Council’s Lab-to-Market subcommittee to award $330,000 in prizes to the winners of the new Lab-to-Market (L2M) Inclusive Innovation Ecosystem Prize Competition. The L2M prize competition recognizes the most impactful organizations, programs and ideas that support the research and … [More]

2020 U.S. Home Prices: A Bright Spot in a Dark Year, Says Report

Red Bell Real Estate, LLC

2020 will go down in the history books for many reasons, but one bright spot in a year of darkness is the performance of the U.S. residential real estate markets. December 2020, like much of the year, recorded very strong home price appreciation. According to Radian Home Price Index (HPI) data released today by Red Bell Real Estate, LLC, a Radian Group Inc. company (NYSE: RDN), … [More]

U.S. Weekly Jobless Claims Show Modest Decline

U.S. Department of Labor

In the week ending January 16, the advance figure for seasonally adjusted initial claims was 900,000, a decrease of 26,000 from the previous week's revised level. The previous week's level was revised down by 39,000 from 965,000 to 926,000. The 4-week moving average was 848,000, an increase of 23,500 from the previous week's revised average. The previous week's average was … [More]

How to Win the Hiring War: Four Ways to Compete for Top Talent against Bigger Brands

by Jeremy Eskenazi

Strategic recruiters attract the best talent before candidates even know what the company does. There was a time when Apple was known only as a fruit, the word “Nike” had no meaning and Walgreen was simply a family name. All brands started unknown and had to build a reputation, a pattern of success in their industry and a positive experience for users. All companies, no … [More]

Report: Hotel and Travel Outlook for 2021, Business Travel Not Expected to Return Until 2024

American Hotel & Lodging Association

The American Hotel & Lodging Association (AHLA) today released “AHLA’s State of the Hotel Industry 2021” outlining the forecasted state of the hotel industry in 2021 and into the immediate future. The report examines the high-level economics of the hotel industry’s recovery, the specific impact on and eventual return of business travel, and consumer travel … [More]

Banner Health Continues Vaccinating Thousands and Treating COVID Patients

Banner Health

As Arizona continues to deal with the COVID-19 pandemic, Banner Health workers are administering about 1,650 vaccines every day at the Arizona State Fairgrounds. In this footage, patients are seen as they go through the process of queuing in their vehicles to check-in with staff, receiving their vaccinations, and waiting at the observation area to make sure they’re not … [More]

Arizona Passes 300,000 Mark in COVID-19 Vaccine Doses Administered

Arizona Department of Health Services

Almost 320,000 doses of COVID-19 vaccine have been administered in Arizona, reflecting strong momentum over the past week in getting more vaccine into the community. “Vaccine distribution is accelerating in Arizona, especially with the addition of the State Farm Stadium vaccination site. Late last week, we celebrated passing 200,000 doses administered and now we’ve surpassed … [More]

Scottsdale Economic Development Department Reaccredited by the International Economic Development Council

inbusinessPHX.com

The International Economic Development Council (IEDC) announces that the Scottsdale Economic Development department was once again recognized as one of 68 economic development organizations accredited by IEDC as an Accredited Economic Development Organization (AEDO). “The Scottsdale Economic Development department displays the professionalism, commitment, and technical … [More]

SkySong Expected to Generate $58.2 Billion in Economic Impact Over Next 30 Years

inbusinessPHX.com

SkySong, The ASU Scottsdale Innovation Center “is a job creator with outsized ripple effects” on economic development in the region, with an estimated impact of $58.2 billion over the next 30 years and with even more value as a brand representing innovation and entrepreneurship. The estimate is part of a comprehensive new Market Analysis and Economic & Fiscal Impact … [More]

Nearly 150,000 February Appointments Booked at Two State COVID-19 Vaccination Sites

Arizona Department of Health Services

More than 5,200 Arizonans will receive their first doses of the COVID-19 vaccine every day next month at State Farm Stadium and Phoenix Municipal Stadium. “The nearly 150,000 appointments available in February for first doses have been booked at the two state-run COVID-19 vaccination sites,” said Dr. Cara Christ, director of the Arizona Department of Health Services (ADHS). … [More]

KBS Sells Anchor Centre in Phoenix

inbusinessPHX.com

KBS, one of the largest investors in premier commercial real estate in the nation, announced today that it has sold a 333,014 square-foot Class A office property in Phoenix, Arizona. The property, Anchor Centre, was sold to TerraCap for $103.5 million after KBS completed an extensive improvement program on the asset. Anchor Centre was owned by KBS REIT III. “At KBS, we take … [More]

Nationally Recognized Diversity and Inclusion Expert Jennifer Brown to Host “Leading Inclusively in times of Crisis and Beyond”

University of Phoenix

Jennifer Brown, a nationally renowned diversity and inclusion expert and best-selling author, will host Leading Inclusively in times of Crisis and Beyond, the latest in a series of monthly educational equity webinars hosted by University of Phoenix. Brown, who has been featured in the New York Times, Wall Street Journal, Harvard Business Review, is known for creating … [More]

60,000 Paycheck Protection Program Loans Approved in First Week

U.S. Small Business Administration

The U.S. Small Business Administration announced that it has approved approximately 60,000 PPP loan applications submitted by nearly 3,000 lenders, for over $5 billion, between the program’s re-opening on Monday, Jan. 11, at 9 a.m. ET through to Sunday, Jan. 17.   Last week, the PPP provided dedicated access to community financial institutions that specialize in serving … [More]

Align Technology Established New Global Headquarters in Tempe

Align Technology

Align Technology, Inc. announced that it established its new global corporate headquarters in Tempe, Arizona, effective January 1, 2021. The company’s San Jose campus remains the hub for its global innovation, product, and marketing organization and will become home to its new Digital Innovation Center, currently under construction. As part of the new corporate headquarters … [More]

VIRTUAL EVENT – Jan 28: East Valley Roundtable with Governor Doug Ducey

PHX East Valley Partnership

The East Valley Chambers of Commerce Alliance and the PHX East Valley Partnership are pleased to present this online East Valley Roundtable with the Honorable Governor Ducey. Chamber members $25 / Non-members $50. Sponsor for only $500 and it includes 10 meeting links! REGISTER HERE … [More]

Real Estate Crowdfunding Co. Launches National Fund for Accredited Investors

Neighborhood Ventures

Neighborhood Ventures was created to change the way people invest in commercial real estate. Co-founded by John Kobierowski, who brings over 25 years of experience in Phoenix multifamily real estate, and Jamison Manwaring, a former equity analyst at Goldman Sachs and head of investor relations for a large public company, Neighborhood Ventures was launched in 2017 to give … [More]

Survey Predicts Austin will be the Nation’s Hottest Housing Market in 2021, Leading a Sunbelt Surge

Zillow

Austin will be America's hottest housing market in 2021, leading a list of mostly Sun Belt cities expected to continue heating up faster than the nation's large coastal markets, according to a new Zillow® survey of experts. The booming Texas destination heads a lineup of sunny and relatively affordable metro areas -- Phoenix, Nashville, Tampa and Denver -- that are most … [More]

Top Valley Doctors Lead the Charge in Growing Naturopathic Medicine in Arizona 

Arizona Naturopathic Medical Association

The Arizona Naturopathic Medical Association (AzNMA) is excited to announce the election of its new board members for 2021. These leaders will continue the association’s mission to promote naturopathic medicine and create opportunities for Naturopathic Physicians to thrive. AzNMA supports this mission by providing education for physicians, referral and public relations services … [More]