The typical U.S. homebuyer who took out a mortgage in July made a $62,500 down payment, up 13.6% from a year earlier and almost twice the median $32,917 down payment in July 2019, before the pandemic. That’s according to a new report from Redfin, the technology-powered real estate brokerage. The combination of increased down payments and monthly mortgage payments near all-time … [More]
Joint Venture to Create 313-Unit Multifamily Community in Downtown Phoenix Opportunity Zone
EJF Capital LLC and Toll Brothers Inc., through its Toll Brothers Apartment Living division, announced the formation of a joint venture to develop Henri, a 313-unit multifamily community in downtown Phoenix, AZ. The 2.32-acre site is in a “Qualified Opportunity Zone” under the Tax Cuts and Jobs Act of 2017 (“TCJA”), which offers investors potential tax benefits to invest into … [More]
Carvana Named Title Sponsor of the Professional Pickleball Association in Multi-Year Partnership
Carvana, the industry pioneer for buying and selling used cars online was announced today as the title sponsor for the Professional Pickleball Association (PPA) ahead of the 2023 season. Set to break new ground in the burgeoning world of pickleball, America’s fastest growing sport, the fastest growing used car retailer in U.S. history continues to forge new partnerships with … [More]
Science Prep Academy Wins $1M, Other Education Providers Split Additional $1M
Governor Doug Ducey joined Janine Yass, founder of The Yass Prize, to unveil the winners of the STOP for Arizona Education Awards, which rewards six Arizona education providers who best articulated how they would scale to meet the demands of a growing number of parents wishing to utilize the state’s pioneering Empowerment Scholarship Accounts. The STOP Awards are an initiative … [More]
Celebrate Inaugural AppreciateAZ Day Today, Get Certified on ‘Leave No Trace’ Principles
AppreciateAZ Day is today. What does that mean for you? The Arizona Office of Tourism is inviting all Arizonans to get “AppreciateAZ certified” in responsible tourism principles to celebrate the first-ever AppreciateAZ Day. Certification, which only takes about 10 minutes via an online course, equips Arizonans and visitors with simple guidelines to enjoy the outdoors … [More]
Desirable 10-Acre Class A Industrial Building Sells in Mesa
Commercial Properties, Inc./CORFAC International (CPI), Arizona’s largest locally owned commercial real estate brokerage, is pleased to announce the sale of an industrial project in the Southeast Valley in Mesa, Arizona. The 111,415 SF project is situated on 10.6-acres strategically located in Mesa’s desirable Southeast Valley at Gateway at 8607 E Pecos Road. Constructed in … [More]
Phoenix-Based Structural Design Firm Enhances North Carolina Firm’s Footprint in Arizona
Kimley-Horn, a premier planning and design consultancy with offices across the country, announced today the Pangolin Structural, LLC team has joined its Phoenix office. Established in 2014 as a full-service structural design and consulting firm, Pangolin Structural is led by partners Crystal Blanton, Pamela Singleton, and Jeffrey Novak. "The addition of the … [More]
High-Tech ‘Smart Fitness Studio’ Opens in Mesa
Known since 2011 as a “Smart Fitness Studio” franchise due to its bio-adaptive, robotic exercise equipment providing a customized, efficient workout, The Exercise Coach is now considered a “smart” fitness studio for yet another reason: its safe, private atmosphere. On Oct. 5, Mesa resident, Cheryl Campbell will open her first Exercise Coach location at 4711 East Falcon Suite … [More]
New President Named for South Mountain Community College
After a nationwide search, the Maricopa County Community College District (MCCCD) and South Mountain Community College (SMCC) are pleased to announce Dr. Richard C. Daniel as the next President of SMCC. Dr. Daniel will replace Interim President Dr. Janet Ortega, who assumed the interim role on August 12, 2022, after the retirement of Dr. Shari Olson. “I am honored and … [More]
Banner Partnership Makes It Easier to Research the Best Medicare Programs
MST Solutions is excited to announce the next phase of our long-term partnership with Banner Health. In collaboration towards Banner Health’s growth goals for its mission to provide high quality care for its beneficiaries, MST Solutions and Banner Health’s project taskforce has launched a self-service, Medicare Shop and Enroll portal built on a Salesforce Industries … [More]
Pharmacy Services Co. Partners with Insurance Brokers in Arizona, Offers Savings on Prescriptions
HSARx – launched in August 2022 and offering traditional pharmacy benefit management savings directly to health savings account subscribers – announced today that it has partnered with two general agencies in Arizona to expand the reach of its offerings. The agencies include Paragon Partners and Arizona Benefit Administrators, which encompass over 300 brokers throughout … [More]
