$850 Million Build-to-Rent Joint Venture Announces Nine Asset Closings since Inception

inbusinessPHX.com

Scottsdale-based Taylor Morrison Home Corporation, a leading national land developer and homebuilder, and Värde Partners, a leading global alternative investment firm, are pleased to share that they have quickly scaled their Build-to-Rent joint venture. In the first several weeks since the venture's inception, it has closed on nine assets across Texas, Florida, North Carolina … [More]

Investors Bought a Record Share of Homes in the First Quarter, Despite 17% Decline in Purchases from Pandemic Peak

Redfin

The number of homes purchased by real estate investors in the first quarter declined 11.5% from the fourth quarter of 2021 and 16.5% from the third quarter of 2021, when investor purchases hit a record high, according to a new report from Redfin, the technology-powered real estate brokerage. Still, investor purchases remained above pre-pandemic levels, and investors bought up a … [More]

Avnet & SciTech Institute Partner to Expand Chief Science Officers Program in U.S. and Internationally

inbusinessPHX.com

SciTech Institute, an organization focused on enhancing and promoting the value and importance of STEM education, is pleased to announce it has partnered with global technology distributor and solutions provider, Avnet, Inc., to expand the footprint of SciTech’s Chief Science Officers (CSO) program to new locations in the U.S. and international. Avnet is investing in … [More]

46-Acre Property Closes, Construction of Class A Industrial Park to Start Aug 2022

inbusinessPHX.com

Mohr Capital, a Dallas-based privately held real estate investment firm, acquired 46.26 acres in one of Arizona’s fastest-growing cities to develop Summit Business Park, a Class A industrial business park in the West Valley. Summit Business Park will offer a combined space of 704,472 square feet of leasable industrial space with 453,960 square feet in Building 1 and 250,512 … [More]

The Palmeraie in Scottsdale Taps Riccardo Vannetti as Chief Brand Officer

inbusinessPHX.com

From the luxury fashion house of Ferragamo, well-regarded international marketing executive Riccardo Vannetti has joined forces with Five Star Development to lead the marketing and branding vision for The Palmeraie, a $2 billion, 122-acre luxury shopping, dining and entertainment destination in the heart of Scottsdale. Vannetti was most recently the chief marketing officer … [More]

Mesa Medical Practice Acquisition to Expand Care in the Phoenix Area

inbusinessPHX.com

VillageMD announced it acquired Velda Rose Medical Center, a primary care practice founded by Mark Goldberg, M.D. Patients in the Mesa and Phoenix area can visit Dr. Goldberg and his care team, including Michael Demko, DO, David Izenberg, DO, Uma Gopakumar, DNP, Leslie Stumpff, LMSW, and Kyle Hunsaker, PA, at Village Medical later this summer. "At … [More]

Largest Boutique Yoga Franchise Set for Expansion in Phoenix

inbusinessPHX.com

YogaSix, the fast-growing boutique yoga brand, announced today the signing of a franchise agreement with a local entrepreneur, which will bring three additional YogaSix studios to Phoenix. The new locations, which will nearly double the brand’s presence beyond the four studios currently in the market, are expected to open their doors in the next couple of years. YogaSix has … [More]

Uber Freight and Waymo Via Partner to Accelerate the Future of Logistics

inbusinessPHX.com

Uber Freight and Waymo Via announced a long-term, strategic partnership to connect their technologies and deploy autonomous trucks at scale on the Uber Freight network. This partnership brings together the power of Waymo’s autonomous driving technology with the scale of Uber Freight’s network and leading marketplace technology, unlocking a roadmap for the thoughtful and safe … [More]

PetSmart Announced as Official Super Bowl Partner

inbusinessPHX.com

The Arizona Super Bowl Host Committee announced PetSmart, the largest specialty pet retailer, as an Official Partner. Headquartered in Phoenix, PetSmart’s partnership with the Arizona Super Bowl Host Committee is a celebration of the people, pets, culture, and business landscape that makes PetSmart proud to call the Grand Canyon State … [More]

Fabulous Phoenix 4th, Other Popular Fireworks Events Canceled for 2022

City of Phoenix

​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​ ​​The Phoenix Parks and Recreation Department regrets to announce that its three premiere fireworks events have been canceled for 2022. Fabulous Phoenix Fourth, Light Up the Sky at the American Family Fields and After Dark in the Park will all be canceled this year due to supply chain issues affecting … [More]

HelloFresh Partners with St. Mary’s Food Bank and TQL to Distribute Nearly 300,000 Meals in Phoenix

inbusinessPHX.com

HelloFresh, the world’s leading meal kit company, St. Mary’s Food Bank, and Total Quality Logistics (“TQL”), one of the largest freight brokerage and third-party logistics firms in North America, have teamed up as part of HelloFresh’s Meals With Meaning program to provide free meal kits to families and seniors facing food insecurity in Phoenix. With the help of local … [More]

Gastromé Market Bringing Boutique Wines, Specialty Food & Cheeses to North Scottsdale

inbusinessPHX.com

Want some gourmet cheese with that wine? Then plan to check out Gastromé Market, a new specialty wine and cheese destination set to open soon at Gainey Ranch in North Scottsdale. In addition to a full lineup of fine wines and gourmet cheeses from around the world, Gastromé Market will feature humanely and sustainably raised cured and smoked meats, indoor and outdoor seating, … [More]

US Homeowners Gained Over $60K in Equity per Borrower in Q1 2022, Historic Home Price Growth Continues

CoreLogic

CoreLogic, a leading global property information, analytics and data-enabled solutions provider, today released the Homeowner Equity Report (HER) for the first quarter of 2022. The report shows U.S. homeowners with mortgages (which account for roughly 62% of all properties) have seen their equity increase by 32.2% year over year, representing a collective equity gain of $3.8 … [More]

UTI Adds 15 New Programs in Transportation and Skilled Trades across National Campus Footprint

inbusinessPHX.com

Universal Technical Institute (UTI) is executing on the next phase of its growth and diversification strategy by adding 15 new programs across its campus footprint, including Aviation, HVACR, Robotics, Industrial Maintenance and Wind Energy Technician training to UTI and NASCAR Technical Institute (NTI) branded campuses, and initiating efforts to add Auto and Diesel Essentials … [More]

Arizona Chamber Names Transformational Leader of the Year

inbusinessPHX.com

At its annual awards luncheon, the Arizona Chamber of Commerce and Industry today recognized Sandra Watson, President and CEO of the Arizona Commerce Authority, as the 2022 Transformational Leader of the Year. The Transformational Leader Award is one of the Chamber’s highest honors, bestowed upon individuals from Arizona’s private and public sectors who have demonstrated … [More]

Polestar to Debut First Electric Performance SUV, Polestar 3, in October 2022

inbusinessPHX.com

Polestar, the Swedish electric performance car company, has announced that the world premiere of its next car, the Polestar 3 electric performance SUV, will be in October 2022. Polestar 3 is the company’s first SUV. Jason Church, COO of Courtesy Automotive Group, which opened Polestar Scottsdale in April says, "The EV market in Arizona is about as hot as the temperature … [More]

Valley Wellness Center Adding New Employees to Keep Pace with Growth

inbusinessPHX.com

A leading Valley-based health and wellness clinic centered on healthy weight loss continues to grow, adding eight board certified health coaches to its team. re:vitalize Weight Loss & Wellness Centers has clinics in Ahwatukee and north Phoenix. The additional staff is needed to help serve the growing number of clients seeking a healthy and sustainable solution for their … [More]

Phoenix Recognized by TV Network for Arts Initiative, Support My Club and Act One Awarded

inbusinessPHX.com

Ovation TV, America's premier arts network, today announced that it has recognized Phoenix as part of its national and local Stand For The Arts initiative that encourages community support for local artists and arts organizations. With arts and culture providing millions of dollars in economic activity and employing thousands of people in Phoenix, the initiative encourages … [More]

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