Nikola’s Hydrogen Project Advances to Next Phase of U.S. Department of Energy $1.3 Billion Loan Application Process

Nikola Corporation, a global leader in zero-emissions transportation and energy supply and infrastructure solutions, recently announced that the Department of Energy Loan Program Office (LPO) has invited its Phoenix Hydrogen Hub LLC project loan application into Part II of its application process. The project loan application was submitted on May 26, 2022, and has now … [More]

Local Public Relations Firm Hits Milestone Growth, Empowers Business Community

For the past 12 years, Evolve PR and Marketing has worked with local and national businesses to promote and enhance their message to the world. Since 2018, the company has doubled its workforce to 21 employees, adding eight additional PR account managers to the roster in 2022 alone. Additionally, it grew to provide essential PR services for more than 100 clients, a 66% increase … [More]

BMO Wealth Management Names New Leadership

Amid accelerating growth, BMO Wealth Management’s Arizona office is introducing new leadership and expanding its capabilities to local businesses and high-net-worth clients. BMO’s Arizona office serves as the hub for the Western United States and is now led by Managing Director, Michael Blanton. The Scottsdale resident previously served as managing director for BMO Wealth … [More]

M Catering among the Founders of a New Organization Forming within the Hospitality Industry

The US food service industry represents a whopping $909 billion (Global Data), with a $10 billion catering industry channel, both set for steady growth in 2023 and beyond. Even with these numbers, food service and catering purveyors found themselves with little representation in Washington D.C. during the tumultuous pandemic years. To gain strength during … [More]

California Beverage Franchise Breaks into Arizona Market, Plans for Aggressive Growth in Southwest

Sip Fresh, an innovative, handcrafted juice and beverage franchise concept, is expanding out of California and entering the Arizona market with plans to open its first location in Glendale. This entry into the greater Phoenix area marks the first of multiple units the high-quality beverage franchise is set to open in the Grand Canyon State. The Glendale location is set to open … [More]

CRE Co. Completes $255 Million Sale of Four-Property Seniors Housing Portfolio in the Phoenix

Newmark announces the $255 million sale of a four-property, Class A seniors housing portfolio—LivGenerations—located in Phoenix, Arizona. Newmark represented the seller, regional owner/operator and developer Liv Communities, in the transaction. The LivGenerations portfolio totals 546 units comprising independent living, assisted living and memory care units. … [More]

Monthly Asking Rents Declined for Fourth Month, Phoenix among Top to Slow, a CoStar Group company, released an in-depth report of multifamily rent growth trends for November 2022 backed by analyst observations. Monthly asking rents declined for their fourth straight month with the Sunbelt, Las Vegas and Phoenix highlighting the true nature of the deteriorating rent situation. “While sequential monthly rents have decreased for four … [More]

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