As the new year begins, what will keep the world's executives up at night? CEOs globally rank intensified trade wars as the top geopolitical risk to their companies. They say tensions between the US, EU, and China will have the greatest geopolitical impact, according to a new survey from The Conference Board. When it comes to economic risks, leaders can't seem to kick the … [More]
Southern California-Based Real Estate Investment Firm Expands into Phoenix Market with Small-Bay Industrial Acquisition
Captiva Partners, a real estate investment and operating firm specializing in industrial and flex properties across the West Coast, is proud to announce the off-market acquisition of a 40,075-square-foot multi-tenant small-bay industrial property located at 2209-2211 W 1st St in Tempe, Arizona, marking its entry into the Phoenix market. Captiva plans to rebrand the property … [More]
Pending Home Sales Fell the Most Since 2022 in December as Mortgage Rates Jumped
Pending home sales fell 4.5% month over month in December on a seasonally adjusted basis—the largest decline since October 2022—and dropped 2.3% year over year. That is according to a new report from Redfin, the technology-powered real estate brokerage. Homebuyer demand dipped at the end of the year because mortgage rates jumped. After inching downward at the … [More]
SBA Strengthens Small Business Community Lending Network
The U.S. Small Business Administration (SBA) announced additions to the Community Advantage Small Business Lending Company (CA SBLC) program. The SBA is adding more nonprofit organizations to the program to assist underserved markets. The Biden-Harris Administration’s updates further increase 7(a) loan access to veterans, women, rural areas, and low-to-moderate income … [More]
Business Applications: Study Reveals Arizona Has Tenth-Highest Rate
New research has named the states the most interested in starting a business, with Arizona ranking tenth. The study, conducted by digital marketing experts at Skyline Social, analyzed U.S. Census Bureau data from October 2023 to September 2024 on the number of business applications in each state, to identify which state is the most entrepreneurial. According to the … [More]
Phoenix Considers Multiple Options to Balance Budget, Shortfall Anticipated
The City of Phoenix is exploring options to deal with a potential budget shortfall, which could include raising sales tax or cutting some services to residents. The City is required to adopt a balanced budget each fiscal year. Under the direction of the Mayor and Phoenix City Council, the City has successfully managed significant growth in population, … [More]
Arizona Cardinals and SRP Score $42,000 for Educators
While the Arizona Cardinals’ season has come to a close, Arizona teachers have a reason to celebrate. Thanks to the Touchdowns for Teachers program, each touchdown scored allowed two teachers to receive $500 grants. This year, the Cardinals' 42 touchdowns translated into $42,000 for Arizona classrooms. This grant from the Cardinals and SRP has given my students opportunities … [More]
WEBINAR – Feb. 11: How To Avoid the Top 10 Legal Mistakes That Can Destroy Your Business
UPCOMING SESSIONS Join us for an Arizona Small Business Boot Camp! How To Avoid the Top 10 Legal Mistakes That Can Destroy Your Business 2/11/2025 | 9:00 AM This webinar will provide practical strategies to help business owners and leaders address critical legal challenges proactively. REGISTER NOW … [More]
City of Phoenix Appoints New Chief Privacy Officer to Strengthen Commitment to Data Privacy
The City of Phoenix and Information Technology Services Department are pleased to announce the appointment of Ciara Maerowitz as the City’s Chief Privacy Officer (CPO). This role underscores the City’s commitment to responsibly handle and protect the data of our employees, residents, and business … [More]
Governor Announces $17 Million for Border Security
Governor Katie Hobbs announced $17.2 million in funding from the SAFE (Stopping Arizona’s Fentanyl Epidemic) initiative to support local law enforcement’s border security work, drug interdiction efforts, and combatting human trafficking. This investment will support law enforcement departments, including county sheriffs’ offices, to address critical challenges in Arizona’s … [More]
