Texas Flooring Co. Expands Its Phoenix Presence with Acquisition

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Impact Property Solutions, a Dallas-based portfolio company of Blue Sage Capital, is proud to announce its acquisition of OneSource Flooring and Interiors, an Arizona-based provider of flooring products and installation services to Multifamily and Commercial properties. OneSource, which opened its doors in 2007, covers the broader Phoenix market with a focus on Multifamily … [More]

Specialty Diving & Marine Services Co. Expands in Arizona to Meet Demand

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Midco Diving & Marine Services has opened a new regional office in Phoenix. Providing a wide range of commercial diving services from underwater construction to municipal water tank repair, Midco serves all 50 states. Midco is the longest-standing, best-practicing, most comprehensive diving company in the U.S. with nationwide service. They have over 20 years of … [More]

Canadian Real Estate Investment Firm Moves U.S. Western Operations to Phoenix

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Trez Capital, a leading investment manager and provider of innovative and opportunistic financing for commercial real estate, is pleased to announce the relocation of its western United States operations to Phoenix. This strategic move aligns with the firm’s focus on operating in the strongest investment markets across North America. “This is a purposeful move for Trez … [More]

Phoenix-Based Recreational Scooter Co. Goes Hollywood

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EWheels, a recreational scooter company located in Phoenix, is gaining national attention as a key player in the upcoming action-comedy movie, Thelma. The company’s EW-66 three-wheel scooter, designed for improving mobility in daily activities, is featured prominently in the film recently seen at the Sundance Film Festival. Set for release on June 21, 2024, Thelma puts a … [More]

Phoenix-Based Tech Co. Launches New AI Marketing Solution for Small to Midsize Companies

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Brainiest announced the launch of its new AI marketing solution. Balancing the power of generative AI and human input, it brings transformative innovation to business owners, marketers and technologists. The platform accelerates marketing content generation by blending marketing principles with AI technology, giving users a controlled approach to AI that delivers valuable … [More]

Arizona Businesses Have the Fifth Highest Average Loans at $704,958

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A study by business formation experts, CreditDonkey, analyzed U.S. Small Business Administration lender reports from 2020 to 2023 (inclusive). The study examined 251,834 loans to determine which states had the highest and lowest average business loans. Arizona businesses have the fifth highest average loans at $704,958, with almost $3.5 billion distributed across 4,916 loans in … [More]

Homes Sales Fell to One of the Lowest Levels on Record in May

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Home sales fell 1.7% month over month in May on a seasonally adjusted basis and dropped 2.9% from a year earlier, according to a new report from Redfin, the technology-powered real estate brokerage. There have been just two months in the past decade with fewer home sales: October 2023, when mortgage rates jumped to a 23-year high, and May 2020, when the onset of the pandemic … [More]

Sprouts Foundation to Award $3M to Local Organizations Advancing Nutrition, Health, and Wellness

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The Sprouts Healthy Communities Foundation today announced that organizations can now apply for funding for programs that advance nutrition education, nutrition access, and wellness for children and adults in the communities where Sprouts operates. Sprouts will award a total of $3M to approximately 300 local organizations. “Our 32,000 team members want to see our communities … [More]

Arizona Bioscience Leaders to Join WearTech Center Advisory Board

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The Partnership for Economic Innovation (PEI), a passionate collective of business and community leaders dedicated to accelerating Arizona’s economic opportunities, announced the addition of three bioscience and workforce development industry leaders to its WearTech Center advisory board. Mary O’Reilly, Vice President of Bioscience Research Programs at the Flinn Foundation, … [More]

Study Identifies Three Bioscience Growth Areas to Advance Innovation and Economic Growth in Greater Phoenix

Precision oncology/medicine, digital health, translational neurosciences to advance Phoenix Bioscience Core, new hubs

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A new study of the Phoenix area’s bioscience ecosystem has identified three areas poised for rapid growth and global impact at the Phoenix Bioscience Core and in surrounding regional hubs of research and innovation. The report, “Leveraging the Phoenix Region’s Bioscience Assets for Sustained Economic Growth,” released June 13, identifies how Phoenix’s strengths can … [More]

Extreme Heat Safety: Partnership with Businesses Enhances Safety on Job Sites

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As scorching summer heat looms over Phoenix and the surrounding Valley, Prime IV Hydration and Wellness offers critical support to businesses navigating the challenges of extreme temperatures. With the implementation of a groundbreaking new city heat ordinance aimed at safeguarding outdoor workers, Prime IV Hydration and Wellness announces its strategic partnership with local … [More]

The City of Phoenix Receives Findings Report from U.S. Department of Justice Investigation

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​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​ The City of Phoenix (CoP) and Phoenix Police Department (PPD) are reviewing the findings from a nearly three-year investigation by the U.S. Department of Justice. City leaders and members of the community are eager to read the evidence and insights provided by the DOJ which support … [More]

Upscale, Garden-Style Multifamily Community Sells in Mesa

Development of upscale multifamily community completed in December 2022

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P.B. Bell, a Scottsdale-based developer specializing in multifamily housing communities in Arizona, and Rockpoint, a Boston-based real estate private equity firm, announced the sale of The Landing at Fiesta Village, an upscale, garden-style multifamily community in Mesa, Arizona. Financial terms of the transaction were not disclosed. Fiesta Village is located in the core of … [More]

WEBINAR – July 23: The Blueprint for Business – Navigating Essential Legal Documents

Arizona Commerce Authority

UPCOMING SESSIONS Join us for an Arizona Small Business Boot Camp! The Blueprint for Business: Navigating Essential Legal Documents 07/23/2024 | 9:00 AM Designed to equip entrepreneurs and business owners with crucial insights into drafting and managing key legal documents, this informational session is one not to miss. REGISTER NOW … [More]

WEBINAR – July 16: Master The Message – Use the Storybrand Framework for Clear Marketing

Arizona Commerce Authority

UPCOMING SESSIONS Join us for an Arizona Small Business Boot Camp! Master The Message - Use the Storybrand Framework for Clear Marketing 07/16/2024 | 9:00 AM Many brands struggle to find the right words for marketing and sales. The StoryBrand Framework provides a simple approach to help brands clarify their message, leading to increased customer … [More]

U.S. Home Prices Hit Another Record High, but Mortgage Rates Are Starting to Decline

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The median U.S. home-sale price hit an all-time high of $394,000 during the four weeks ending June 9, up 4.4% year over year—the biggest increase in about three months. That’s according to a new report from Redfin, the technology-powered real estate brokerage. There are signs that home-price growth could ease soon. Asking prices have leveled off, and 6.5% of home sellers are … [More]

Majority of Americans Say Ban Office Romances in 2024

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While dating apps and social media have revolutionized how we find love, traditional methods of meeting partners - weddings, bars, and chance encounters at coffee shops – are still common. The workplace, however, occupies an ambiguous space in the dating landscape. With the shift to remote work in recent years, office romances became less visible, but as companies usher … [More]

Credit Union Renews Partnership with Phoenix Rising FC

Partnership focuses on exclusive debit card offer and providing financial education to young fans through youth accounts

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Locally-based financial cooperative Arizona Financial Credit Unionannounced today its partnership renewal as the official credit union of the defending USL Champions, Phoenix Rising Football Club. The agreement makes Arizona Financial the official credit union of Phoenix Rising for the eighth consecutive season. Arizona Financial will continue to offer co-branded products to … [More]

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