Across the country, many people are leaving their jobs and starting their own businesses. People may want to start their own business to follow their passion, have control over their lifestyle and schedule and pursue financial independence. However, according to Entrepreneur.com (“The True Failure Rate of Small Businesses”; January 3, 2021), the failure rate of small businesses … [More]
Speed-to-Market Design
We are in a rather unique time for multifamily real estate. The high costs of materials and shipping, as well as supply delays make building from the ground up riskier than it would be under more predictable conditions. Current investment rates, cap rate compression and inflation also are key factors in assessing the risk level for multifamily investors. However, high demand … [More]
Surprise Power Center Development Powers over Challenges
Village at Prasada, the 700,000-square-foot retail power center developed by SimonCRE for residents of Surprise, Arizona, has proven to be a massive undertaking that has continued to move forward in the face of mounting supply-chain and labor issues. This will be the West Coast’s first power center constructed in more than a decade; currently, residents need to travel an … [More]
Mohr Capital Develops Industrial Project in Surprise
Mohr Capital, a Dallas-based privately held real estate investment firm, acquired 46.26 acres in one of Arizona’s fastest-growing cities to develop a Class A industrial business park in the West Valley. Breaking ground this month and slated for completion next summer, Summit Business Park will offer a combined space of 704,472 square feet of leasable industrial space with … [More]
New North Scottsdale Luxury Community from Camelot Homes
Camelot Homes continues to expand its presence in North Scottsdale with the recent purchase of 77.5 acres, located east of the northeast corner of Lone Mountain Parkway and East Joy Ranch Road in Scottsdale. The family-owned luxury homebuilder plans to break ground on the new 52-home community called Joy Ranch in Q2 2023. Camelot plans to offer floor plans ranging from 4,500 … [More]
IndiCap Bringing 110-Acre Industrial Park to Glendale
Boutique commercial real estate company IndiCap continues its formidable Metro Phoenix industrial development push with Virgin Industrial Park, which it will develop in partnership with Invesco. Located on the northwest corner of Olive and Reems roads in Glendale, Arizona, within the nationally recognized Loop 303 industrial corridor, the two-phase, 110-acre Class A development … [More]
President José Luis Cruz Rivera: Championing Access and Equity in Higher Education
It has been a busy first year for President José Luis Cruz Rivera, who began his tenure as the 17th president of Northern Arizona University on June 14, 2021. At that time, NAU was facing a number of challenges far beyond a transition in leadership. “We needed to bring students and faculty safely back during COVID, while also addressing issues of trust, a desire for … [More]
Joint Venture Health Plan Delivered Results in the Arizona Market
Can health insurers and providers work together to deliver care as partners, not adversaries, with financial interests aligned? One local joint venture health plan shows it’s possible, and in doing so has transformed how health coverage is delivered in Arizona since it was formed in 2017. Created by Banner Health and Aetna, a CVS Health company, Banner|Aetna has become an … [More]
Holistic, Longitudinal Care for Chronic Conditions
Alanté recently launched a strategic partnership with patient care platform eCare21 that simultaneously addresses the health risks and economic challenges associated with chronic condition treatment. This program demonstrates Alanté’s commitment to embracing innovative solutions for patient care. “Through the coordination of care plans within eCare21’s virtual care … [More]
Understanding Social Media for Business
Social media is one of, if not the, most popular ways companies communicate with their audience. With that in mind and the fact that social media is so visible, companies need to be careful when navigating these platforms. However, it’s far too easy to decide to have a voice on social media that misses the mark. A neutral voice for general information and a catered voice for … [More]
Arizona Emerging as New Tech Hub with 25% Job Growth
A Barron’s study projects tech jobs will grow at twice the national jobs rate in the next decade. The largest growth will occur in the Southwest, Arizona alone growing 25% as folks — no longer tied to a Silicon Valley cubicle — flee California. Phoenix’s growth has increased year after year as one of the hottest hubs for job growth in the tech sector as more companies relocate … [More]
Unlock Your Potential
In Unlock Your Potential, author and entrepreneur Jeff Lerner shows readers how the failings of our education, employment and retirement systems have opened doors most people didn’t even know exist. And, most important, he shares how to step through those doors — where they exist, how they work, what it takes to go through them, and what’s on the other side. Unlock Your … [More]
Clockwork, Revised and Expanded
Business owners may ask themselves, “Does my business own me more than I own it?” What if, instead, the company could run on automatic while it continued to grow and turn a profit? Most entrepreneurs started their company so they could be their own boss, make the money they deserve, and live life on their own terms. They may find, in reality, they’re bogged down in the daily … [More]
The Wise Investor
The Wise Investor is an inspiring parable about building what author Rich Fettke calls Real Wealth, the foundation of financial freedom. It tells the story of Ryan Brooks, a husband, father, and CaptivSoft’s hard-working lead coder who, with the help of a new friend and mentor, finds a different path to financial security for himself and his family and becomes wealthy in more … [More]
The Bankruptcy Alternative You’ve Likely Never Heard Of
There is a quicker, less expensive and more flexible alternative to a business bankruptcy and liquidation that most business owners have never heard of — the Assignment for the Benefit of Creditors, or ABC. More than 13,000 businesses in the United States, including 210 businesses in Arizona, filed for bankruptcy between March 2021 and March 2022, many of which could have … [More]
Increased Debt Limits for Both Subchapter V and Chapter 13 Cases
The Small Business Reorganization Act, commonly referred to as “Subchapter V,” is a streamlined, flexible process for small businesses to reorganize in bankruptcy. Subchapter V is a type of Chapter 11 case designed for debtors (an entity or individual) engaged in business where at least half their total debt is business related. Less procedurally complex than a traditional … [More]
Fueled by Economic Recovery, Giving Reaches a New High
Strong increases in individual, foundation and corporate giving highlight the overall philanthropic picture in 2021. The largest-ever one-year increase in corporate giving was driven by an upswing in the Gross Domestic Product and growth in stock and financial markets. Overall giving in the U.S. increased 4% in 2021 to a new high of $484.85 billion. But, while the stock … [More]
2022 Lexus LC 500
Power is meaningless if it doesn’t make us feel something. With a naturally aspirated 5.0-liter V8, a 7,300-rpm redline and a blistering 4.4-second 0-to-60 time, Lexus offers a truly visceral driving experience. The engine channels sound through the cabin from front to rear as it accelerates, creating unique frequencies calibrated to elicit specific emotional … [More]
