Arizona Helping Hands Announces New President and Chief Executive Officer

inbusinessPHX.com

After a nationwide search, the Arizona Helping Hands (AHH) Board of Directors is pleased to announce they have hired Maureen Noe as the new President and CEO. With more than 25 years of non-profit leadership and management experience, Maureen will help the organization as it innovates to expand and meet the ever-changing needs of the foster care community. Jay R. Spector, … [More]

Phoenix Market among Tops for Data Center Investor Interest, Says Survey

inbusinessPHX.com

The strong appetite for data, fueled by continued growth in cloud computing and social media, and the emergence of new technologies such as 5G and autonomous vehicles, is driving increased investor interest in data centers, according to a new CBRE survey. Ninety-five percent of survey respondents, which include many of the world's largest institutional real estate investors, … [More]

SBA Revises Small Business Size Standards in 16 Industrial Sectors

U.S. Small Business Administration

The U.S. Small Business Administration issued four final rules to modify revenues-based small business size standards in 16 North American Industrial Classification System (NAICS) sectors that will increase small business eligibility for SBA’s federal contracting and loan programs for approximately 59,000 additional firms. The final rules are part of the second five-year review … [More]

Vertical Street Ventures Acquires Sora on Rose Apartments in Uptown Phoenix

inbusinessPHX.com

Vertical Street Ventures (VSV) announced the acquisition of Sora on Rose Apartments in Uptown Phoenix. Marcus & Millichap's Paul Bay, Darrell Moffitt, Cliff David, and Steve Gebing oversaw the transaction process, with Bridge Loan financing provided by Arbor's Eric Regenbogen with support from Gantry's Adam Parker and Buyer's Equity provided by Tauro's Paul Davidovic and … [More]

Leading Building Materials Co. Acquires Arizona Truss Manufacturer to Further Growth

inbusinessPHX.com

US LBM, a leading distributor of specialty building materials in the United States, has acquired Crown Components, a manufacturer and supplier of structural roof and floor trusses in the metropolitan Phoenix area. Founded in 2014, Crown Components serves framing and building contractors for residential, multi-family and light commercial projects. Crown Components … [More]

How Local Businesses Can Get In on New Federally Funded Arizona Infrastructure Projects

by Alexis Glascock

Arizona will receive $12.8 million flowing from the $1.2 trillion Infrastructure Investment and Jobs Act (Act) to help the state recover from three major wildfires. Arizona’s water authority also recently received $18.5 million The new funding will support the creation of wastewater treatment plants, water pipelines, flood detention and filtration treatments for rural and … [More]

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