Title Co. Embraces Commitment to Community and Employees during COVID-19 Pandemic

Clear Title Agency of Arizona

Clear Title Agency of Arizona, a leader in commercial and residential title and escrow services, distinguished itself during the height of the COVID-19 pandemic by promoting and providing protective measures for its clients and its employees. At the same time, Clear Title continued its commitment to community support despite a pandemic that affected every spectrum of the … [More]

Chicago-Based Real Estate Investment Firm Makes Initial Acquisition in the Phoenix Market

SVN Desert Commercial Advisors

SVN Desert Commercial Advisors completed the sale of an approximately 1.61 acre lot in downtown Phoenix at the northeast corner of 1st St. and Portland St within Roosevelt Row. The property was acquired from Arizona Moreland Developments, LLC, for $7,750,000 by First and Portland LLC, an entity formed by JRG Capital Partners. JRG, a Chicago-based real estate investment and … [More]

Nationwide Homeowner Equity Gains Hit $1.9 Trillion in Q1 2021, Says Report

CoreLogic

CoreLogic, a leading global property information, analytics and data-enabled solutions provider, today released the Homeowner Equity Report for the first quarter of 2021. The report shows U.S. homeowners with mortgages (which account for roughly 62% of all properties) have seen their equity increase by 19.6% year over year, representing a collective equity gain of over $1.9 … [More]

Phoenix Children’s Homeless Youth Outreach Program Marks 20th Anniversary with New Crews’n Healthmobile

inbusinessPHX.com

A new Crews’n Healthmobile will soon roll through the Valley to serve the city’s most vulnerable children. A mainstay of Phoenix Children’s Homeless Youth Outreach program, the new “doctor’s office on wheels” will deliver integrated medical and behavioral health services directly to youth experiencing homeless across greater Phoenix. The 38-foot Crews’n Healthmobile, one … [More]

Joint Venture to Complete Development on Award-Winning Master Plan in Phoenix Area

inbusinessPHX.com

IHP Capital Partners, one of the nation's leading real estate investment firms, and Värde Partners, a leading global alternative investment firm, today announced that they have formed a joint venture (JV) to acquire the remaining 3,721 acres of land for development within Vistancia, a 7,100-acre mature master-planned community in Peoria, Ariz. The transaction includes all 3,300 … [More]

Aspen Dental Opens Newest Practice in Scottsdale

Aspen Dental

Aspen Dental has officially opened its doors in Scottsdale, Arizona with the opening of a brand-new office, bringing two renowned dentists to the community. This is the 17th Aspen Dental practice in the state of Arizona, as Aspen Dental continues to break down barriers and bring comprehensive, affordable care to patients across the country. Located at 8909 E. Talking Stick … [More]

U.S. Jobless Claims Drop to Third Consecutive Pandemic Low

U.S. Department of Labor

In the week ending June 5, the advance figure for seasonally adjusted initial claims was 376,000, a decrease of 9,000 from the previous week's unrevised level of 385,000. This is the lowest level for initial claims since March 14, 2020 when it was 256,000. The 4-week moving average was 402,500, a decrease of 25,500 from the previous week's unrevised average of 428,000. This is … [More]

Consumer Prices Jump 5% in May, Fastest Inflation since 2008

U.S. Bureau of Labor Statistics

The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.6 percent in May on a seasonally adjusted basis after rising 0.8 percent in April, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 5.0 percent before seasonal adjustment; this was the largest 12-month increase since a 5.4-percent increase for the … [More]

Popular Assets Among Retail Investors in 2021

by Austin Distel

In spite of the astronomic job losses and decline in productive activity that shared striking similarities with the global recession of the 1930’s, research by scientists at Paderborn University showed that in 2020, stock indices in certain industries still recorded significant growth. Quite notably, a lot of changes were observed in global investment trends as a fallout of the … [More]

Construction Technology Startup Mosaic Hits Homebuilding Milestone

Mosaic

The demand for new housing continues at record-breaking levels throughout the fast-growing state of Arizona. In addressing this demand, Phoenix-based construction technology company Mosaic, and its building partner Mandalay Homes, have hit a new milestone, with the construction of more than 315 homes for Arizona families, but this is just the start. Over the last 12 months, … [More]

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