Culture Corner Debuts at Sky Harbor International Airport

Unique space begins the Airport’s celebration of 90th anniversary

inbusinessPHX.com

In 1935, the city of Phoenix purchased Sky Harbor Airport. The airport has grown from being known as “The Farm" to one of the nation's busiest, most innovative, and most friendly airports. In fact, America's Friendliest Airport® is always looking for ways to elevate the passenger experience, and as part of the kick-off to a year-long celebration of activities to commemorate the … [More]

Survey: As 2025 Begins, CEOs Are Most Worried about a Trade War and Recession

inbusinessPHX.com

As the new year begins, what will keep the world's executives up at night? CEOs globally rank intensified trade wars as the top geopolitical risk to their companies. They say tensions between the US, EU, and China will have the greatest geopolitical impact, according to a new survey from The Conference Board. When it comes to economic risks, leaders can't seem to kick the … [More]

Southern California-Based Real Estate Investment Firm Expands into Phoenix Market with Small-Bay Industrial Acquisition

inbusinessPHX.com

Captiva Partners, a real estate investment and operating firm specializing in industrial and flex properties across the West Coast, is proud to announce the off-market acquisition of a 40,075-square-foot multi-tenant small-bay industrial property located at 2209-2211 W 1st St in Tempe, Arizona, marking its entry into the Phoenix market. Captiva plans to rebrand the property … [More]

Pending Home Sales Fell the Most Since 2022 in December as Mortgage Rates Jumped

Rick McCartney

Pending home sales fell 4.5% month over month in December on a seasonally adjusted basis—the largest decline since October 2022—and dropped 2.3% year over year. That is according to a new report from Redfin, the technology-powered real estate brokerage. Homebuyer demand dipped at the end of the year because mortgage rates jumped. After inching downward at the … [More]

SBA Strengthens Small Business Community Lending Network

inbusinessPHX.com

The U.S. Small Business Administration (SBA) announced additions to the Community Advantage Small Business Lending Company (CA SBLC) program. The SBA is adding more nonprofit organizations to the program to assist underserved markets. The Biden-Harris Administration’s updates further increase 7(a) loan access to veterans, women, rural areas, and low-to-moderate income … [More]

Business Applications: Study Reveals Arizona Has Tenth-Highest Rate

inbusinessPHX.com

New research has named the states the most interested in starting a business, with Arizona ranking tenth. The study, conducted by digital marketing experts at Skyline Social, analyzed U.S. Census Bureau data from October 2023 to September 2024 on the number of business applications in each state, to identify which state is the most entrepreneurial.  According to the … [More]

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