WEBINAR – Jan. 9: Part 1: Identifying Your Businesses Climate

Arizona Commerce Authority

UPCOMING SESSIONS Join us for an Arizona Small Business Boot Camp Part 1: Identifying Your Businesses Climate 01/09/2023 | 9:00 AM Join Nicole Zeno, an experienced SMB owner, multi-exit startup founder, and award-winning fractional executive as she takes you through the steps to successfully troubleshoot your growth challenges. REGISTER NOW … [More]

Phoenix-Based Bulk Waste Co. Acquired by National Waste Services Company

inbusinessPHX.com

RF Investment Partners and its portfolio company, Ally Waste Services, announce the acquisition of Waste Consolidators, Inc., a provider of bulk waste collection services for residential and commercial complexes. This investment builds on the success of Ally Waste’s partnership with Waste Control and the integration of its bulk waste removal services earlier this … [More]

Credit Union Contributes $300K to Arizona Nonprofits, Largest Grant Cycle

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Desert Financial Credit Union announced $300,000 in donations to Arizona nonprofits through its grant program today. This is the credit union's largest grant cycle to date, an increase of more than 25% compared to 2022 and more than double the amount awarded just two years ago. "At Desert Financial, we care about the communities where we work and live," … [More]

New Multifamily Renter Sentiment Report Reveals Surprising Trends in Housing Choices and Generational Preferences

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Knightvest, a fully integrated real estate investment and management company, released the results of the company's first annual survey measuring multifamily renter sentiment. The survey provides insights into the rent-versus-buy decision, the downstream effects of high mortgage interest rates, and differences in generational preferences around … [More]

CRE Financing Co. Promotes New Partner, Brings Critical CRE Structured Finance Expertise to Role

Rick McCartney

Tower Capital, a leading capital advisor for CRE financing, has promoted George Maravilla to Partner from Senior Vice President. Maravilla, who joined the firm in 2018, has established himself as a key member leading the firm’s Equity and Development platform and has spearheaded the rapid growth of Tower Capital’s industry-leading Build-to-Rent (BTR) finance team. Tower … [More]

Capital and Land Partnerships to Renewable Developers Is Key for Investment Co.

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Renewa, a leading land and infrastructure investor, announced the successful closing of a sale lease-back (SLB) transaction with Leeward Renewable Energy (“LRE”), for the White Wing Ranch Solar project in Maricopa County, Arizona. This deal supports the continued growth of LRE’s project pipeline, while allowing the company to maintain long-term site control for the … [More]

Catering Co. to Hire Hundreds for Events Season, Including WM Phoenix Open, NCAA Men’s Final Four

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Arizona-based M Culinary Concepts, the state’s largest event catering company, will hire hundreds of hospitality professionals ahead of the Valley’s bustling events season, including the WM Phoenix Open and NCAA Men’s Final Four-related events. M Culinary Concepts will hire for front-of-house, back-of-house, warehouse/facilities, transportation, and cafe support positions. … [More]

Small Business Owners Pessimistic about Future Business Conditions

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NFIB’s Small Business Optimism Index decreased 0.1 point in November to 90.6, which marks the 23rd consecutive month below the 50-year average of 98. Twenty-two percent of owners reported that inflation was their single most important problem in operating their business, unchanged from October but 10 points lower than this time last year. “Job openings on Main Street remain … [More]

Fraser Group Joins Alera Group, as Part of Retirement Plan Services Division of Benefit Commerce Group

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Benefit Commerce Group (BCG), an Alera Group company, announced that Fraser Group, a retirement plan services firm based in Scottsdale, has joined Alera Group. BCG provides diversified services across employee benefits, commercial property and casualty insurance, and retirement plan services. Fraser Group is led by retirement industry leader George Fraser. Fraser and his … [More]

Piper Announces 2023 Class of Piper Fellows

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Nine inspiring Maricopa County nonprofit leaders were selected for Piper Trust’s 2023 Class of Piper Fellows. The Fellows are: Ryan Corry, chief philanthropy officer, The Society of St. Vincent de Paul (serves individuals and families in central and northern Arizona through facilities across the state; its main campus is located in South Phoenix). Kate Fassett, chief … [More]

Phoenix Housing Market Optimism for 2024 Crushes a Trying 2023

Continued population growth and dropping interest rates shine a bright light on the first quarter 2024

inbusinessPHX.com

The residential real estate market was the worst in 2023 since the Great Recession in 2009. It’s a good year to put behind the industry and prepare for a better 2024 with lowering interest rates and increasing population, according to Phoenix REALTORS®. Looking back over the year, new listings dropped 25.3% from the same 11-month period for 2022. A new report from Phoenix … [More]

Partnership to Help Primary Care Providers Remain Independent, Thrive in Value-Based Care Model

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Equality Health, a leader in value-based care, and Datavant, a leader in health data exchange for VBC organizations, announced a partnership to deliver to PCP practices in the Equality Health Network an automated, data exchange integration between Equality Health's CareEmpower® platform and practices' EHRs. CareEmpower is Equality Health's proprietary technology that enables … [More]

Phoenix Engineering Co. Acquired by National Engineering Services Firm

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Bowman Consulting Group Ltd., a national engineering services firm delivering infrastructure solutions to customers who own, develop, and maintain the built environment, announced the acquisition of Hess-Rountree, Inc., a full-service engineering firm headquartered in Phoenix, Arizona. With an emphasis on renewable energy, educational and sports facilities projects, … [More]

Homebuilder Debuts Two New Design Studios in the Phoenix Area

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KB Home announced the grand opening of two new Phoenix-area Design Studios, providing even more convenience for customers. These retail-like showrooms offer a one-of-a-kind experience where homebuyers can get both expert advice and the opportunity to select from a wide range of design choices to personalize their new home. At the new East and West Valley Design Studios, buyers … [More]

Hot Air Balloon Operator Opens New Facility in Glendale

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Premier hot air balloon operator Rainbow Ryders Hot Air Balloon Ride Company opened its new facility in Glendale last week. Wednesday marked the first day it welcomed flyers to the beautiful new space, located at 7934 N Glen Harbor Blvd, and to experience a new elevated view of the Valley. The nearly 14,000 square foot facility, built by Ganem Construction, was designed to … [More]

Attainable Housing Co. Hits Milestone, Completes 4,000th Unit

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Arizona’s attainable housing leader, Greenlight Communities, is proud to close out 2023 with several major milestone, including 4 completed and 6 new attainable rental communities currently under construction across the state, further expansion into Southern Arizona and additional future plans to expand into Peoria and Surprise. Founded in 2018, Greenlight Communities was … [More]

Cactus 101 Business Park Secures Two National Companies

Tenants take nearly 100,000 sf as part of business expansions in Greater Phoenix

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Colliers in Arizona has represented Hopewell Development in signing two leases at its recently completed Cactus 101 Business Park in Peoria, AZ, a northwest suburb of Phoenix. LD Products, Inc. and Clopay Corporation have collectively taken nearly 100,000 square feet of space at the project. “We are pleased we were able to complete transactions with two national credit … [More]

Meta Teams Up with SRP to Support Data Center with Clean Energy from New Solar and Battery Project

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Meta announced its Mesa data center will soon be supported by new solar energy from Salt River Project (SRP) through a contract with a leading U.S. clean energy provider, Ørsted. Under the contract, Meta will receive the majority portion of the solar energy generated by Ørsted’s Eleven Mile Solar Center, a 300-MW solar farm and 300-MW, four-hour battery energy storage system … [More]

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