Scottsdale will require short-term rental property operators to obtain and maintain a local license, conduct sex offender background checks on booking guests, carry liability insurance and provide neighbor notification, thanks to an update to the city’s vacation rental ordinance. The Scottsdale City Council voted unanimously in favor of the revised version of Ordinance No. … [More]
Law Firm Selects New Phoenix Office Managing Partner
The national law firm of Quarles & Brady LLP announced today that Jason Wood has been named managing partner of the Phoenix office, effective November 1, 2022. Wood is a partner in the Real Estate Practice Group and most recently served as its Arizona chair for five years until passing responsibilities to partner Eric Wanner this summer. As chair, Wood nearly doubled the … [More]
Mixed-Income Housing Development Opens in the Edison-Eastlake Community
The City of Phoenix celebrated the grand opening of Soluna Apartments, the first Choice Neighborhoods mixed-income housing development in the Edison-Eastlake Community. Soluna features 177 modern, energy-efficient units ranging from one to five bedrooms. The community is designed to provide quality … [More]
37,000-Acre Mixed-Use Master Planned Community in the Phoenix West Valley Breaks Ground
The Howard Hughes Corporation has broken ground on Teravalis, a 37,000-acre mixed-use master planned community in the Phoenix West Valley projected to include 100,000 homes and 55 million square feet of commercial development. Teravalis, previously known as Douglas Ranch, will become Arizona's largest master planned community, addressing the demand for housing in one of the … [More]
Pet Insurance Platform Completes Acquisition of Pet Insurance Operations of Fairfax Financial
Independence Pet Group, a leading full-stack pet insurance platform, today announced the completion of its acquisition of Fairfax Financial Holdings Limited’s U.S. and Canadian interests in the Crum & Forster Pet Insurance Group and Pethealth Inc. IPG also announced that it has appointed Lane Kent as Chief Executive Officer, effective January 1, 2023. Mr. Kent, who … [More]
$200M Development Planned on 15.5-Acre Site in Phoenix, Includes Luxury Community
Banyan Residential, a Los Angeles-based private real estate investment firm, in partnership with national developer Milhaus, announces the acquisition of a 15.5-acre site in Phoenix, Arizona. The team will develop a two-phased 515-unit apartment community along the Washington Street light rail corridor in an Opportunity Zone. This project marks Banyan’s ninth Opportunity Zone … [More]