Investment Co. Lends on Newly Built Luxury Rental Property in Desert Ridge

inbusinessPHX.com

Affiliates of Harbor Group International, a privately owned international real estate investment and management firm, announced it provided a $64 million senior loan to a joint venture between Greystar Development and Crown Realty Group for Sunela, a newly built multifamily property in Phoenix, Arizona. "We're pleased to support Greystar and Crown with this bridge loan to … [More]

UnitedHealthcare Plan Selected to Continue Serving Arizona Long Term Care System

inbusinessPHX.com

Arizona Health Care Cost Containment System (AHCCCS), the state’s Medicaid agency, has announced its intention to award UnitedHealthcare Community Plan of Arizona as one of four organizations to administer its Arizona Long Term Care System (ALTCS) EPD program for individuals who are elderly and/or have a physical disability. UnitedHealthcare Community Plan of Arizona is one … [More]

WEBINAR – May 21: NSF Project Pitch Workshop

Arizona Commerce Authority

UPCOMING OPPORTUNITIES NSF Project Pitch Workshop 5/21/25 | 2:00 PM - 3:00 PM The National Science Foundation funds startups across nearly all technology areas, in an open topic format. Learn how you can get up to $2 million to develop your deep tech. We'll walk you through the process and timeline, how to submit a Project Pitch and what to expect along the … [More]

Escrow & Financial Co. Expand Team and Services ahead of 50th Anniversary

Rick McCartney

As Arizona Escrow & Financial Corporation approaches its golden anniversary in 2026, the woman-owned firm continues to expand, cementing its position as Arizona’s largest independent escrow provider. This year marks another milestone of growth and innovation as the company welcomes four new employees, enhancing its commitment to delivering exceptional escrow services … [More]

Small Business Week (This Week) Puts Digital Innovation Front and Center

by Susan Anable

Small Business Week (May 4–10) is the perfect opportunity to highlight how small businesses across Greater Phoenix are turning technology challenges into growth opportunities. Whether it’s a local restaurant embracing online ordering or a professional office moving operations to cloud-based collaboration platforms, technology is no longer just about keeping things running — … [More]

Jobs Report: Labor Shortages Continue to Constrain Small Business Job Growth

inbusinessPHX.com

NFIB’s April jobs report found that 34% (seasonally adjusted) of small business owners reported job openings they could not fill in April, down six points from March, the lowest since January 2021. “Small business owners remained open to hire and grow their workforce in April,” said Chief Economist Bill Dunkelberg. “While the percent of open positions decreased a bit, Main … [More]

Salon Suites Franchise Expands with First Phoenix Location

inbusinessPHX.com

Sola Salons, the industry leader in supporting independent beauty professionals through private, move-in-ready salon suites, is excited to announce the opening of its newest location in Phoenix, Arizona at 20330 North Cave Creek Road. "We are thrilled to bring the Sola Salons brand to Phoenix," said Scott Thompson, chief development officer of Radiance … [More]

Turmoil Weighs on Tech Jobs Market, Arizona Biggest Month Over Month Increase

Tech hiring intent remains stable at 203,000 new job listings

inbusinessPHX.com

Tech hiring activity in April felt the weight of ongoing economic uncertainties and mixed market signals, CompTIA, the leading global provider of vendor-neutral information technology (IT) training and certification products, reported today. Tech sector companies reduced staffing by a net 7,000 positions in April, analysis of U.S. Bureau of Labor Statistics … [More]

$225M Development Brings Safeway, Boutique Restaurants, Retail, Hotel and Multifamily to Gilbert

inbusinessPHX.com

Thompson Thrift, a full-service real estate company engaged in multifamily, mixed-use, industrial and commercial projects across the country, hosted a groundbreaking ceremony on April 30 for The Gilmore, a 35-acre mixed-use development in the Phoenix suburb of Gilbert. "The Gilmore's groundbreaking is an exciting milestone that brings our vision one step closer … [More]

Scottsdale Financial Reporting Co. Acquired by Palo Alto-Based Private Equity Group

inbusinessPHX.com

Equity Methods, a top-rated provider of valuation, financial reporting, and human resources advisory services related to equity compensation and other complex securities, announced that Palo Alto-based private equity group HGGC has acquired majority ownership of the firm from Montage Partners on April 28, 2025. HGGC, a values-driven, partnership-focused middle-market private … [More]