Gibson, an employee-owned, top-100 independent insurance agency, is pleased to announce Kylie Staples as Arizona Market and Sales Leader. She is an experienced consultant with a demonstrated history of supporting organizations as they navigate their risk and health & benefits. As market leader, she will be responsible for driving strategy, executing growth plans, and … [More]
Award-Winning Brunch Concept to Expand in the East Valley
Hash Kitchen, an innovative, hashtag-famous brunch restaurant is turning up the volume in Gilbert with its deliciously loud food, bombshell beverages, and 24/7 party atmosphere. Opening this summer at Verde at Cooley Station (3919 E. Williams Field Road #106, Gilbert, AZ 85295), this will be the brand’s Gilbert debut and the seventh location in the state of Arizona. “We … [More]
Holmes Murphy Names Vice President for Property Casualty Division
Holmes Murphy is excited to announce that Amy Tanny has joined the organization as a Vice President of Property Casualty. In this role and as part of Holmes Murphy’s Placement team, Tanny will be focused on helping the company win new business, supporting the team as a resource for client renewal placements (a new resource for the enterprise), and assisting with Holmes … [More]
Tournament Chair Named for 2024 WM Phoenix Open
The Thunderbirds, hosts of the WM Phoenix Open Presented by Taylor Morrison, have named George Thimsen the Tournament Chairman for the 2024 edition of “The People’s Open”, which is set to tee it up Feb. 5-11 at TPC Scottsdale. Additionally, The Thunderbirds announced that Matt Mooney has been named Assistant Tournament Chairman for the 2024 event. Thimsen assumes the role … [More]
Q&A: ASU Expert Sees Turning Point in Concern over Affordable Child Care
The COVID-19 pandemic highlighted the fragile nature of the child care system in the U.S., and the crisis is getting a lot of attention now as companies scramble to fill positions. A recent report from the bipartisan Council for a Strong America found the cost in lost earnings, productivity and revenue from the child care crisis to be $122 billion last … [More]
Arizona Wagered over $644 Million on Sports in March
Bettors in Arizona wagered over $644 million on sports in March of 2023, according to a new report by the Arizona Department of Gaming. “March of 2023 is the fifth time the state eclipsed $600 million in wagers and is the second highest month since the inception of sports betting in Arizona,” said Jackie Johnson, Director, ADG. “I look forward to seeing how sports betting … [More]
Phoenix Mayor Announces Inaugural Phoenix Global Economic Forum
Phoenix Mayor Kate Gallego announced the creation of the Phoenix Global Forum, an annual summit hosted by Phoenix Sister Cities and the International Economic Forum of the Americas (IEFA). The event will launch on May 2, 2024, at the Arizona Biltmore in Phoenix and will convene decision makers and experts to discuss society’s evolving needs amidst ongoing global challenges. … [More]
Local Business Leader Named CEO at Western Spirit: Scottsdale’s Museum of the West
Western Spirit: Scottsdale’s Museum of the West, announces today the appointment of highly experienced local business and community leader Todd Bankofier as its new Chief Executive Officer (CEO) and Executive Director. Bankofier will be at the forefront of Western Spirit’s crucial next phase of growth and development. Western Spirit Board’s search committee conducted a … [More]
Development Co. Begins Construction on Eight-Building Industrial Complex in Mesa
Silver Creek Development, a private real estate development and investment group, has commenced construction on an eight-building, 330,000-square-foot industrial complex in Mesa. Sossaman Business Campus will be built on a 26-acre site at the intersection of Sossaman and Elliot roads, across from Google’s $800 million data center campus. “As many people know, the Greater … [More]
Home Buyers Outnumbering Sellers Spurs Impressive Price Growth, Even amid Muted Sales
Competition among buyers over few available houses has made this home shopping season unusually hot, according to the latest market report1 from Zillow®. Meanwhile, high mortgage rates are continuing to deter homeowners from listing, pushing inventory to record lows. "Many homeowners are still opting not to sell and give up historically low mortgage rates. But those who do … [More]
SRP Launches Complete Home Installation Services for Smart Electric Vehicle Chargers
As the number of electric vehicles (EVs) in the Valley continues to rise, demand for a seamless and affordable process to install home charging systems is growing as well. As a result, Salt River Project is partnering with industry leader Qmerit to offer customers a program that takes the guesswork out of coordinating an affordable and professional home installation of a Level … [More]
Downtown Phoenix Multifamily Redevelopment Site Sells for $12M
Approximately 1.0-acre high-rise apartment redevelopment site in downtown Phoenix has sold paving the way for another multufamily high-rise. The buyer, Masyno Holding LLC, Anthony Bibars and Kal Bibars as Principals, acquired the transit-oriented property located at the northwest corner of 1st and McKinley streets for $12 million / ±$276 per land square foot. Bound by three … [More]
Cannabis Retailer to Open Another Phoenix-Area Location
Trulieve Cannabis Corp., a leading and top-performing cannabis company in the United States, announced the opening of a new dispensary in Phoenix, AZ. "Trulieve is a proud member of the Arizona community and this new location on Tatum Boulevard is a continuation of our brand promise to deliver exceptional customer experiences, as well as provide the right … [More]
Consumer Prices Rose 4% in the Year through May, a Sign Inflation Is Cooling
The Consumer Price Index for All Urban Consumers (CPI-U) rose 0.1 percent in May on a seasonally adjusted basis, after increasing 0.4 percent in April, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 4.0 percent before seasonal adjustment. The index for shelter was the largest contributor to the monthly all items … [More]
Manufacturer Announces Entry into U.S. Market to Address Rapid Semiconductor Fab Growth
HTC, a Taiwan-based company and leading manufacturer of specialty process components, systems, and services for highly complex semiconductor manufacturing operations, announced its expansion into the U.S. with the opening of a new North American headquarters, ‘HTC-America,’ strategically based in Phoenix. The move is driven by an increase in market demand in the U.S. due to new … [More]
Newly Renovated Downtown Office Tower Continues to See Strong Leasing Activity
The transformation of Renaissance Square turned the aging downtown Phoenix landmark building into a modern, amenity-rich office destination. In a market where office buildings struggle to find tenants, Renaissance Square is bucking the trend, recently attracting a national tenant, Food for the Hungry, to a brand new, 29,000 square foot space with the option to expand to 45,000 … [More]
Valley Tech Innovator Selected by Nasdaq for 100 Index
onsemi, a leader in intelligent power and sensing technologies, will be added to the Nasdaq-100 Index® prior to market open on Tuesday, June 20, 2023. The inclusion comes after two consecutive years of record results, tripling the company’s market cap over the last 30 months. The company closed out 2022 with $8.3 billion in revenue and with earnings growing 3x faster than … [More]
U.S. Home Borrowers See First Annual Home Equity Losses since 2012 in Q1 2023, but Overall Mortgage Performance Remains Strong
CoreLogic, a leading global property information, analytics and data-enabled solutions provider, released the Homeowner Equity Report (HER) for the first quarter of 2023. The report shows that U.S. homeowners with mortgages (which account for roughly 63% of all properties) saw home equity decrease by 0.7% year over year, representing a collective loss of $108.4 billion, and an … [More]
