Investment Firm Announced $86M in Financing for Hip Scottsdale Hotel

inbusinessPHX.com

Walker & Dunlop, Inc. announced that it advised on an $86,000,000 loan to refinance the Caesars Republic Scottsdale, a Hilton Hotel; a newly constructed, luxury grade full-service asset located in the epicenter of Scottsdale Fashion Square. Walker & Dunlop Arizona Capital Markets, led by Jim Pierson and Keaton Merrell, partnered with Walker & Dunlop New York … [More]

New Era for East Valley Landscape Architecture Firm Marked by Rebranding

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The Adamson Group unveils its official rebrand from McGough Adamson Group, a transformation that underscores its growth and commitment to the landscape architecture industry. Originally founded as McGough Group in 1992 by Tim McGough, the firm transitioned to McGough Adamson Group in 2018 when Nick Adamson became part owner. Now, with McGough’s retirement and Adamson’s … [More]

VC Joins $51M Arizona AI Data Center Land Deal

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Arizona Land Consulting (ALC), Arizona’s ​AI data center investment fund​ led by Anita Verma-Lallian, has closed on a landmark $51 million land deal, further solidifying its position as a driving force in the state’s AI infrastructure race. In a major vote of confidence, renowned venture capitalist Chamath Palihapitiya has joined the investment group backing the deal, alongside … [More]

Arizona Joins National Initiative to Expand Education Access for Students Impacted by the Criminal Justice System

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Arizona, represented by the Arizona Board of Regents and key state partners, has been selected as one of five states to participate in a new, national initiative aimed at expanding access to quality postsecondary education for students impacted by the criminal justice system. Launched by the State Higher Education Executive Officers Association (SHEEO) in partnership with … [More]

New Apartments Are Sitting Vacant for Months, Giving Renters Power to Negotiate Concessions

inbusinessPHX.com

Less than half (49%) of newly built apartments completed in the fourth quarter of 2024 were rented within three months, up slightly from 47% the previous quarter. That’s according to a new report from Redfin, the technology-powered real estate brokerage. This was the fifth consecutive quarter that the rental absorption rate was below 50%, a speed that continues to lag behind … [More]

Point in Time Homeless Count Sees Increase in People Living Unsheltered

Total is higher than 2024, but on par with recent years

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Results from the 2025 Point in Time Homeless count (PIT count) are in, and the region has seen a 3 percent increase in the number of people experiencing homelessness, in particular among those living unsheltered – sleeping in parks, cars, and other places not meant for habitation. The count was conducted on January 28, 2025, as part of an annual nationwide effort to count … [More]

EVENT – Jun 11: The Future of Healthcare Starts Here – WESTMARC Healthcare Summit 2025

Rick McCartney

WESTMARC is proud to host the 2025 Healthcare Summit at Midwestern University in Glendale, Arizona, from 8:00 a.m. to 12:00 p.m. This influential event will bring together healthcare leaders, innovators, and policy advocates for a critical conversation on the future of healthcare. Under the theme “The Future of Healthcare Starts Here,” the summit will explore the evolving … [More]

Scholarship to Grow Healthcare Provider Pipeline

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A new scholarship for Creighton University students will boost the number of physicians and physician assistants in Maricopa County and the state at large, both of which are facing a significant shortage of healthcare providers. Each year, the Blue Cross Blue Shield of Arizona Foundation for Community & Health Advancement (AZ Blue Foundation) Annual Scholarship will … [More]

Phoenix Office Market Evolves as Demand Shifts Toward Upgraded Class-A Space

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Phoenix’s office market is continuing to evolve as demand for upgraded Class-A space drives a surge in tenant improvement projects, according to LGE Design Build’s newly released Q2 2025 Construction Delivery Outlook. “Phoenix’s growth trajectory is still strong, but we’re now seeing more selective investment as developers and owners react to new market signals,” said Blake … [More]

AI-Driven Bookkeeping Platform Secures $10M Series A Funding

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Uplinq, a leading provider of AI-driven bookkeeping and tax solutions for small and medium-sized businesses (SMBs), today announced the closing of a $10 million Series A funding round. The round was led by Next Coast Ventures, with participation from AZ-VC, Live Oak Ventures, and existing investors. This infusion of capital will accelerate Uplinq's growth, … [More]