City of Phoenix Sets Framework for Housing Trust Fund to Target Affordability Gaps

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The City of Phoenix solidified the framework for an innovative solution to accelerate the creation and preservation of affordable housing in Phoenix. The City Council approved a new policy that guides how the City’s Housing Trust Fund will be used now and in the future. There is a shortage of nearly 60,000 affordable and available rental units in Phoenix, with the greatest … [More]

Scottsdale-Based Mortgage Platform Taps Veteran Finance Leader for C-Suite

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NEXA Lending, one of the nation's fastest-growing mortgage platforms, announced the appointment of Von Maharaj as Chief Financial Officer, rounding out a powerhouse C-suite that positions the company for continued innovation, efficiency, and scale. With nearly two decades of financial-services experience, Maharaj brings a rare blend of operational discipline and strategic … [More]

New “Lemonade Stand” Microloans Give Scottsdale Entrepreneurs and Nonprofits Up to $25,000

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Scottsdale Community Bank is helping local businesses and nonprofits turn big ideas into reality through its pioneering Lemonade Stand Loan Program, a creative microloan initiative inspired by the spirit of a child’s first business venture. Besides its robust large loan program, qualified businesses, individuals and nonprofits can secure loans of up to $25,000 to help … [More]

East Valley Growth Spurs $60M Retail and Dining Development at Ellsworth and Elliot

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Diversified Partners, a real estate brokerage and development firm, has announced plans for East Gate Plaza, a new $60 million retail destination located at the northeast corner of Elliot and Ellsworth roads in Mesa, Arizona. Spanning approximately 17 acres, East Gate Plaza is designed to meet growing demand for high-quality retail, dining and wellness experiences in the … [More]

$183M Financing Deal Clears Path for North-Phoenix Multi-Sport Arena and Hotel

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Texas-based real estate developer, SSS Partners, LLC recently closed on $183 million in financing and will immediately resume construction on its plans for a private academy, multi-sport arena and hotel located at I-17 and Sonoran Desert Drive, adjacent to TSMC. SSS Partners acquired the project that was approximately 50% complete in 2023. With construction now underway, the … [More]

Mesa Air Group to Merge with Major Regional Airline After Winning Shareholder Approval

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Mesa Air Group, Inc. announced that shareholders approved all proposals presented at the Company’s special meeting of shareholders, including the proposal to adopt the agreement and plan of merger with Republic Airways Holdings Inc. Headquartered in Phoenix, Arizona, Mesa Air Group, Inc. is the holding company of Mesa Airlines, a regional air carrier providing scheduled … [More]

Arizona Launches First-in-Nation Broadband Permit Finder to Speed Infrastructure Development

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As part of Arizona’s expansive efforts to expand high-speed broadband access statewide, the Arizona State Broadband Office recently launched the Arizona Permit Finder, a first-of-its kind interactive permitting map. The first-in-the-nation Permit Finder seeks to reduce regulatory barriers and accelerate the pace of broadband expansion – supporting new economic opportunities for … [More]

National Financial Advisor Network Launches Platform to Streamline Planning Workflows

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Osaic, Inc., one of the nation’s largest providers of wealth management strategies, announced today the launch of PlanningHub, a new platform that expands Osaic’s comprehensive suite of financial planning resources and helps advisors navigate the planning process with greater confidence. Backed by Osaic’s scale and modern technology, the platform empowers financial … [More]

GoDaddy Expands AI Footprint with Launch of Agentic Tool for Small Business Automation

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GoDaddy launched Airo.ai, a Beta agentic artificial intelligence (AI) website and experience that turns a simple conversation into completed tasks for small businesses. A business owner provides direction and Airo.ai infers the goal. It uses reason to plan and act across GoDaddy products and trusted services. Built on an extensible agent framework and GoDaddy's proprietary … [More]

Historic $35M Gift Elevates ASU’s Supply Chain Program, Department Renamed

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Arizona State University announced a historic $35 million gift from the National Association of State Procurement Officials to elevate the role of procurement and strengthen the Department of Supply Chain Management at the W. P. Carey School of Business, which will be renamed the NASPO Department of Supply Chain Management. The gift will support new initiatives, scholarships … [More]