Planatome, a medical device company that applies atomic-level polishing from the semiconductor industry to create advanced surgical blades that lead to better patient outcomes, today announced the closing of its $5M Series A equity investment round. The company also announced that it secured an additional $1 million convertible venture debt commitment. Planatome will use the … [More]
Scottsdale-Based Advertising Agency Announces Expansion amid Industry-Wide Downsizing
The James Agency, a leading fully-integrated marketing agency, is proud to announce its expansion of 4,178 additional square-feet of office space. The move comes at a time when many agencies have downsized or moved to remote work, further solidifying The James Agency’s position as a resilient and forward-thinking leader in the market. The expansion aims to support the … [More]
Los Angeles Lender Funds $100M for Phoenix Multifamily Project
Los Angeles based GreenLake Asset Management has funded a $100,600,000 construction loan for a 276-unit multifamily project in Phoenix. The community will consist of one, two and three-bedroom units, featuring high ceilings, modern amenities, private outdoor areas and attached parking. The project will be constructed in two phases: Phase I will be 94 townhome units, a … [More]
California Investors Purchase Scottsdale Hotel Located in Opportunity Zone
California-based investors have purchased the 3 Palms Hotel in Scottsdale for a price of approximately $23,000,000. Located at 7707 E. McDowell Rd, the property is situated near Old Town Scottsdale and the growing city of Tempe. “This was one of the most challenging transactions of my career,” says James Meng, senior vice president with Colliers in Arizona. “We had to merge … [More]
Cox Employees Boost Giving Raising More Than $637K
Cox employees raised $637,810.00 which has been distributed to 130 Arizona nonprofits in the form of Cox Charities grants. This marks the 27th year that Cox employees, through Cox Charities, have raised funds to help the communities in which they live and work and represents a 10% increase in giving. Since 1996, Cox Arizona employees have raised nearly $10.5 million and … [More]
