SRP Honors Valley Businesses for Outstanding Efforts in Energy Efficiency and Being Green Leaders

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For the ninth consecutive year, Salt River Project honors local ‘Champions of Sustainability.’ From San Tan Valley to Tolleson — to cities in between — the 2022 awards recognize SRP commercial customers who participate in Business Solutions programs and lead the charge in sustainability and innovation. SRP’s energy efficiency programs are a major component to the … [More]

EV Fleet Service Provider Signs Purchase Order for 100 Zero-Emission Nikola Tre Battery-Electric Trucks

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Nikola Corporation, a global leader in zero-emissions transportation, energy supply and infrastructure solutions, and Zeem Solutions, the innovative zero-emission EV “fleet-as-a-service” provider, announced Zeem has executed a purchase order for 100 Nikola Class 8 Tre battery-electric vehicles (BEVs) to ensure immediate availability of electric trucks for freight and logistics … [More]

2023 Economic Outlook with ASU and National Economists Is Nov. 16

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The 2023 economic outlook is perhaps the most complex and challenging exercise in economic forecasting in decades. Economic indicators are in conflict. Inflation has increased to levels not seen in years but appears to be decreasing. Output may be slowing, and there are questions of a possible recession looming. At the same time, employment continues to be strong. Moreover, the … [More]

CRE Firm Brokers $150M Newly Built Luxury Apartment Building in Scottsdale

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Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE:MMI), announced today the sale of SeventyOne15 McDowell, a newly built, 274-unit multifamily asset in Scottsdale, Arizona. The property sold for $150 million, or $547,445 per unit. “Phoenix will again record one of the highest rates of in-migration in the country this year and Scottsdale … [More]

Florida-Based Community Bank Enters Phoenix Market with SBA Division

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American Momentum Bank has entered the Phoenix market by hiring SBA lending veteran Tim Collins to serve as Vice President, Nationwide SBA Business Development Officer III. The hire comes as the community bank continues the national expansion of its Tampa, Fla.-based SBA Lending Division. Collins will serve clients nationally, focusing on Phoenix and the Western U.S. … [More]

While Buyer Demand Cools, Home Prices Dropped by 0.5% in September from the Previous Month

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CoreLogic, a leading global property information, analytics and data-enabled solutions provider, released the CoreLogic Home Price Index (HPI™) and HPI Forecast™ for September 2022. U.S. home price growth continued to relax on a year-over-year basis in September, posting an 11.4% increase. As in previous months, Southeastern states put up significantly higher price … [More]

Arizona Security Industry Leader Expands to Tucson

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Lionheart Security Services announced they are expanding their security firm to the Tucson area. A leader in the Arizona security industry, LionHeart Security Services specializes in high end, customer service focused security, training, and consulting. Since their inception in 2010, the goal of the business has been to meet and exceed client expectations. CEO Bill Herzog said … [More]

Local Executive Recruitment Co. Named to Inc.’s Inaugural Power Partner Awards

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Duffy Group, an executive recruitment company whose winning Recruitment Research model helps employers fill critical roles on their teams at about half the cost of traditional recruitment, has been named one of the inaugural winners of Inc. Business Media’s Power Partner Awards. The awards honor business-to-business organizations across the globe that have a proven track … [More]

Dallas-Based Hotels Group to Acquire Four Seasons Resort Scottsdale

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Braemar Hotels & Resorts Inc. announced it has entered into a definitive agreement to acquire the 210-room Four Seasons Resort Scottsdale at Troon North. The acquisition is expected to close in the fourth quarter, subject to certain customary closing conditions. Because the acquisition is subject to certain customary closing conditions, the Company can give no assurance … [More]

McCain-Founded Regional Defense Coalitions Unite to Create the Arizona Defense & Industry Coalition (AZDIC)

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Last month, four key alliances in Arizona announced the formation of the Arizona Defense and Industry Coalition (AZDIC) whose mission is to act as a united voice for Arizona's defense and industry communities. AZDIC is founded by four defense coalitions established by the late Senator McCain: the West Valley Defense Alliance (WVDA) led by chairman and co-founder Lynndy Smith, … [More]

Staffing-as-a-Service Innovator Raises $40 Million in Series B Financing

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Qwick, the leading on-demand staffing platform for hospitality businesses and professionals, has closed its $40 million Series B investment. The round was led by Tritium Partners, with participation by current investors Album VC, Kickstart, Desert Angels, and Revolution's Rise of the Rest Seed Fund. "Staffing-as-a-Service is the future of work in the … [More]

Phoenix Children’s Launches Division of Infectious Diseases, Names Chief

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"As Phoenix Children's grows its physical footprint, we have a responsibility to continue providing world-class, highly personalized care, on an even larger scale," said Jared Muenzer, MD, MBA, physician-in-chief of Phoenix Children's and chief operating officer of Phoenix Children's Medical Group. Indeed, the COVID-19 pandemic heightened the demand for infectious diseases … [More]

Grantmaking Organization Celebrates Milestone and Announces New Fellowship

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Social Venture Partners Arizona recently hosted their ‘$5 Million in Grantmaking’ Celebration at El Chorro in honor of SVP Arizona surpassing the milestone of direct funding to Valley nonprofits. The celebration party, sponsored by AZ-VC, gathered SVPAZ Partners, Investees, and guests to celebrate the collective impact of the organization's mission. The Phoenix-based … [More]

Waymo and Phoenix Sky Harbor Partner to Offer ‘Ride-Hail’ Service to Downtown Phoenix

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Phoenix is the first place Waymo launched a public ride-hail service with no human behind the wheel over two years ago. Waymo is taking the next step by initiating the industry’s first-ever paid trips to and from an airport, with an autonomous specialist present for now, at Phoenix Sky Harbor International Airport, starting November 1. Phoenix is the fifth-largest city in … [More]

State-of-the-Art Family Dental Practice is Set to Open in Goodyear

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Broch Thomas, DMD and Denis Dong, DMD will soon be offering dental services to the community of Goodyear at their brand-new office, Dental Care at Estrella Crossroads. The new full-service, state-of-the-art family dental practice is set to open on Friday, December 2. Dental Care at Estrella Crossroads will be fully equipped with the latest products and equipment available in … [More]

Scottsdale City Council Adopts New Rules for Short-Term Rentals 

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Scottsdale will require short-term rental property operators to obtain and maintain a local license, conduct sex offender background checks on booking guests, carry liability insurance and provide neighbor notification, thanks to an update to the city’s vacation rental ordinance. The Scottsdale City Council voted unanimously in favor of the revised version of Ordinance No. … [More]

Law Firm Selects New Phoenix Office Managing Partner

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The national law firm of Quarles & Brady LLP announced today that Jason Wood has been named managing partner of the Phoenix office, effective November 1, 2022. Wood is a partner in the Real Estate Practice Group and most recently served as its Arizona chair for five years until passing responsibilities to partner Eric Wanner this summer. As chair, Wood nearly doubled the … [More]

Mixed-Income Housing Development Opens in the Edison-Eastlake Community

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​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​ The City of Phoenix celebrated the grand opening of Soluna Apartments, the first Choice Neighborhoods mixed-income housing development in the Edison-Eastlake Community. Soluna features 177 modern, energy-efficient units ranging from one to five bedrooms. The community is designed to provide quality … [More]

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