The U.S. housing market offered buyers more breathing room to make decisions in August, with the first1 year-over-year increase in time on market (+5 days) since June 2020, according to the Realtor.com® Monthly Housing Trends Report released today. Additionally, August home shoppers had more active listings to choose from than last year (+26.6%), even as new sellers continued … [More]
Chandler-Based Dog Daycare Co. Announces Senior Leadership Team, Continues Expansion
Dogs 24/7 announced the appointment of its Parent Company Leadership Team. "As we continue to expand outside the Phoenix-Metro market, our Senior Leadership Team has vast experience with any and all scenarios to help and guide future acquisitions toward strategic success." Says Stephen Biles, Founder & President of Dogs 24/7 LLC. "Joe, Hannah, Madison, Carlos, Erica and … [More]
Global Investment Firm Acquires Newly Constructed Industrial Park for $90M
KKR, a leading global investment firm, announced that KKR has acquired 101 at Van Buren, a newly constructed industrial park consisting of two Class A buildings located in Phoenix’s Southwest Valley industrial submarket, from a real estate fund advised by Crow Holdings Capital and Seefried Industrial Properties for a purchase price of approximately $90 million. The acquisition … [More]
Arizona Department of Gaming Reports Strong June Sports Betting Figures
Bettors in Arizona wagered nearly $319 million during the month of June, according to a new report by the Arizona Department of Gaming. “Despite June being a historically slower month for sports betting, Arizona’s figures were strong nationally,” said Ted Vogt, Director, ADG. “Arizona operators contributed over $750 thousand in privilege fees during June, resulting in nearly … [More]
Getting Out of Town over Labor Day Weekend?
With the Phoenix heat still tipping the thermometers on the side of uncomfortable, an escape over Labor Day weekend to cooler destinations sure has an appeal. Phoenix Sky Harbor International Airport has recently ranked the 11th busiest airport in the world and 9th busiest in the U.S. for … [More]
San Diego Real Estate Investor Expands Arizona Portfolio with $107 Million Multifamily Deal
MG Properties, a private San Diego-based real estate investor, owner, and operator has purchased 2150 Arizona Ave South Apartments l for $107 million. Rebranded as 2150 Apartments, this Chandler submarket of Phoenix boasts some of the most robust multifamily fundamentals in the metro due to its proximity to multiple job corridors, one of Arizona's top school systems, … [More]
Charitable Trust Appoints Steve Zabilski as Successor CEO, Expands Board of Trustees
The Board of Trustees of Virginia G. Piper Charitable Trust has named Steve Zabilski as its President and CEO effective April 1, 2023; the Board has also appointed three new Trustees: Lori Higuera, Assistant General Counsel–Employment, Freeport-McMoRan; Paul Mulligan, President and CEO, Catholic Charities Community Services; and Ed Zuercher, former Phoenix City Manager and … [More]
Senior Care Group Opens Fourth Assisted Living Home, First in Paradise Valley
Vista Living Senior Care, Inc. is proud to announce the opening its fourth assisted living home in the Phoenix area and the first in Paradise Valley. The other three homes are in the Arcadia neighborhood on the other side of Camelback Mountain. The new home offers a similarly welcoming and intimate experience where residents can connect with nature, walk in the courtyard, and … [More]
FirstBank Sees Sustained Growth and Top Workplace Ranking
FirstBank, one of the nation’s largest privately held banks with a focus on “banking for good,” announced continued growth in assets, deposits, and income as part of its 2022 second quarter summary of the company’s holdings and activities. At the end of June, FirstBank’s Arizona division saw total assets climb to $1.5 billion, up 41 percent from the same period in 2021. … [More]
Bank Extends Grant Down Payment Program for Homebuyers in Phoenix
BMO Financial Group announced the extension of its Welcome Home Grant down payment program in Chicago and Phoenix. The program offers grants to eligible borrowers to help with down payment and closing costs, helping buyers in underserved communities access the credit they need and accelerate their dream of homeownership. When paired with other home financing … [More]
Phoenix-Based Salad and Go Branches into North Texas Territory
Phoenix-based Salad and Go, an emerging salad industry disruptor, announced the opening of seven new locations coming within the next month to the Dallas-Fort Worth markets of Burleson, Cross Roads, Mesquite, Fort Worth, Prosper and Frisco. These September openings will bring Salad and Go’s North Texas presence to more than 20 locations open across a total of 21 DFW markets, … [More]
Early Childhood Education Co. Acquires Spanish Immersion Preschools in Arizona
Cadence Education, LLC, one of the largest providers of early childhood education in North America, is announcing today the acquisition of Little Big Minds Spanish Immersion Preschools. Little Big Minds' full Spanish immersion program allows students to develop early childhood bilingualism through social and academic interaction. The acquisition expands Cadence Education's … [More]
MedTech Private Equity Firm Invests in Multiple-Location Primary Care Provider in Arizona
Kain Capital LLC, a leading private equity firm focused on the technology enablement of healthcare services companies, today announced it has completed a growth equity investment in MY DR NOW, a leading provider of primary and specialty care with locations in Arizona. The investment marks the first time MY DR NOW has received external capital and Kain Capital is the sole … [More]
Scottsdale-Based Webchat Co. Survey: AI Makes It Easier for Patients to Access Mental Health Treatment
Nearly three quarters of mental health facilities — 73% — increased their online support tools in 2022 to meet increased demand for mental health support during the pandemic, and 89% acknowledge that chatbots make it easier for patients to access the treatment they need. That’s according to a new study published today by Botco.ai, the leading HIPAA-compliant conversational … [More]
