Dermody Properties, a national private equity real estate investment, development and management company focused exclusively on the logistics real estate sector, is pleased to announce the acquisition of 961 acres of land in El Mirage, Ariz., a suburb of Phoenix, which will be developed into one of the largest industrial parks in Arizona’s history, with initial development … [More]
Fubo Sportsbook Officially Launches in Arizona
Fubo Gaming, a subsidiary of leading sports-first live TV streaming platform fuboTV Inc. (NYSE: FUBO), today announced the launch of Fubo Sportsbook in Arizona, marking the second state in which the market-defining sportsbook is available. Sports enthusiasts 21 years of age and older in the Grand Canyon State can now place wagers on thousands of live professional and collegiate … [More]
Commercial Real Estate Investment Firm Acquires Its Seventh Property in Phoenix
San Diego-based Tower 16 Capital Partners has acquired Park 67 Apartments, a 160-unit multifamily property located in Glendale, Ariz., for $30.4 million. The Park 67 Apartments project was built in 1973 and was acquired from a private seller. “This acquisition marks our seventh property acquired in the Phoenix market and increases our foothold in the Phoenix area to nearly … [More]
Phoenix Looks for Next Generation of Entrepreneur Farmers with Fellowship Program
The city of Phoenix Office of Environmental Programs (OEP) is currently accepting applications for the new Urban Agriculture Fellowship Program as part of the American Rescue Plan Act (ARPA) Phoenix Resilient Food System Initiative. The fellowship is designed to train the next generation of growers who will represent the future of farm entrepreneurship, innovation, and business … [More]
Fractional Real Estate Platform Expands into Arizona
Ark7, the hassle-free fractional real estate platform for self-motivated investors to earn passive income, today announced it has entered the Arizona single-family housing market with the acquisition of two residential rental properties in Chandler, located in metropolitan Phoenix. Starting today, Ark7 users can purchase ownership shares in these new offerings starting at … [More]
New Low for Home Supply in November, Says Report
The seasonally-adjusted number of homes for sale fell 18% year over year in November to an all-time low, according to a new report from Redfin, the technology-powered real estate brokerage. This sent the median sale price up 15% to $383,100. November marked the 16th consecutive month of double-digit price gains, and so far in December there are no signs of the … [More]
Partnership to Expand Footprint with Three New Ambulatory Surgical Centers
Atlas Healthcare Partners, in partnership with Banner Health, today announce the addition of new ambulatory surgical centers (ASCs) in Chandler, Tucson and Northern Scottsdale, Arizona. This brings the total to 24 Banner Surgery Centers in Colorado and Arizona for the Banner/Atlas Healthcare Partners Network. The rapid addition of centers has dramatically increased access to … [More]
Equality Health Gets Investment to Accelerate National Expansion
Equality Health, a leading value-based care organization uniquely equipped to address the needs of diverse and historically underserved populations, today announced an equity investment from Finback Investment Partners. Finback's leadership team consists of Co-Founders and Managing Partners former Florida Governor Jeb Bush, George Huber, Jack Oliver, and Jeb … [More]
Magellan Healthcare and DUOS to Offer Personal Assistant for Aging and Behavioral Health Support
Magellan Healthcare, the behavioral health division of Magellan Health, Inc. (NASDAQ: MGLN) today announced a program to connect older adults with companionship and care coordination to manage social isolation, healthcare access and behavioral health needs while supporting their independence. This program is offered through a collaboration with DUOS, a digital health company … [More]
Toyota Adds the Arizona Mobility Test Center to Its Proving Grounds
The Toyota Arizona Proving Grounds (TAPG), Toyota's proprietary U.S. vehicle development and testing facility, will become available to the broader industry as a vehicle testing resource as it officially launches the Arizona Mobility Test Center (AMTC) at TAPG. Toyota has tapped Intertek Transportation Technologies to operate the facility and provide tenant management and … [More]
Arizona Natural Resources Acquires Skincare Manufacturer HealthSpecialty
CORE Industrial Partners , a Chicago-based private equity firm, today announced the acquisition of HealthSpecialty, a full-service contract manufacturer of skin, body and hair care products with a focus on premium skincare applications, by CORE portfolio company Arizona Natural Resources, based in Phoenix, Arizona. Founded in 1995 and based in Santa Fe Springs, … [More]
Luxury Golf Villas and Condominium Property Reach $100M in Initial Sales
Ascent at The Phoenician® has now exceeded more than $100 million in sales of its Mountainside Residences and Golf Villas. Situated at the base of Camelback Mountain, overlooking The Phoenician® Golf Course and located adjacent to The Phoenician®, a Luxury Collection Resort in Scottsdale, Arizona, the private, gated community of Ascent has become one of Arizona’s most coveted … [More]
Your Next Advocate in Court May Not Be a Lawyer: How UArizona Law Aims to Ease the Justice Gap by Training a New Tier of Legal Professionals
Undergraduate students at the University of Arizona can now simultaneously earn a Bachelor of Arts in Law and become qualified for licensure as a legal paraprofessional (LP) through a first-in-the-nation program created to expand the options for Arizonans looking for affordable legal representation. The pathway – approved by an administrative order from the Arizona Supreme … [More]
Famed Tempe Restaurant Sells, Owners Announce Retirement
Owners Bob and Robin Trick of the iconic House of Tricks restaurant in Tempe, Arizona, have announced their plans to retire in June 2022. The critically acclaimed restaurant has been a Valley favorite for more than 34 years, earning many awards and generating an enthusiastic following. Known for its fine dining as well as its lush patios, House of Tricks has been the site of … [More]
Piper Charitable Trust Announces 2021 Class of Piper Fellows
Nine exceptional nonprofit leaders dedicated to enriching health, well-being, and opportunity in Maricopa County were selected for Piper Trust’s 2021 Class of Piper Fellows. The Fellows are: Sam Alpert, chief development officer, Junior Achievement of Arizona (based in Tempe and serving students statewide). Debbie DiCarlo, CEO, Cancer Support Community Arizona … [More]
First Active 55+ Apartment Community in Cooley Station Area of Gilbert Begins Leasing
Greystar, a global leader in the investment, development, and management of high-quality rental housing properties, is proud to announce that Album Cooley Station – the first true active adult 55+ apartment home community in the Cooley Station area – is now pre-leasing. “Album Cooley Station is an active adult community, providing an active lifestyle for likeminded adults in … [More]
Canyon to Partner with Phoenix-Based Rincon Partners
The Canyon Catalyst Fund, the CalPERS real estate Emerging Manager program managed by Canyon Partners Real Estate, has expanded its program with the addition of Rincon Partners to its roster of Emerging Managers. Based in Phoenix, Rincon is a full-service real estate investment and management firm focused on multifamily and self-storage properties in the Southwestern and … [More]
Luxury Brand Landmark Theatres to Open in Scottsdale
Landmark Theatres, an established national theater chain, will open its doors to the public on December 16th. Located at the site of the former iPic Theater at Scottsdale Quarter in Scottsdale, Arizona, the theatre marks the company’s first Arizona location. “We are very excited to extend our brand into the Phoenix area, in a beautifully designed luxury theatre in an upscale … [More]
