AVANA Companies Launches New Loan Platform LendThrive™

AVANA

AVANA Companies a lending and asset management platform, is pleased to announce the launch of LendThrive™, a lending platform designed to help small businesses thrive while stimulating local economies. This latest addition to the AVANA Companies eco-system comes on the heels of AVANA’S move to become a majority shareholder in Extensia Financial, a credit union service … [More]

Institutional Property Advisors Brokers $69.1 Million Central Phoenix Multifamily Sale

inbusinessPHX.com

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Level at Sixteenth, a 240-unit, mid-rise apartment community in the urban core of Phoenix, Arizona. The property traded at $69.1 million, or $287,917 per unit. “Transformed from an obsolete 1950s-vintage retail center into a luxury multifamily community in 2010, Level … [More]

World’s Newest Passenger Terminal Opens at Prescott Regional Airport

inbusinessPHX.com

The newest airport terminal in the world was celebrated over the course of two days in Prescott, as the new passenger terminal at Prescott Regional Airport Ernest A. Love Field was dedicated and put on display for the community. The new $13.9 million terminal, which was built by the team of Phoenix-based general contractor Willmeng Construction Inc., and Prescott-based heavy … [More]

Despite Record Low Rates, 78% of Homeowners Passed Up Refinancing Last Year

Zillow

Fewer than a quarter of established homeowners refinanced their mortgages over the last year, even though about half of those who did say they cut their monthly payments by at least $300. Those savings often went toward home renovations or paying off debt.   Zillow surveyed more than 1,300 homeowners who did not move over the past year (as of late April) to find out what … [More]

Maricopa Association of Governments Elects New Officers, New Regional Transportation Plan Is Priority

Maricopa Association of Governments

A new Regional Transportation Plan that will guide transportation investments for decades to come is just one of the important activities that will be a focus for newly elected officers for the Maricopa Association of Governments (MAG). At today’s Annual Meeting of the MAG Regional Council, Mesa Mayor John Giles was elected to be the agency’s new chair. Avondale Mayor … [More]

New Research from Newark Shows Strong Support for Women in Engineering

Avnet

Newark , an Avnet Company and global distributor of electronic components, products and solutions, has today announced the results of its Women in Engineering 2021 survey. Results showed positive support for women in engineering from all genders and a great similarity between the opinions of men and women about the need to address gender equality. While women remain … [More]

WebPT’s Year of Innovation Ushers in Next-Level Growth

WebPT

As technology adoption in the rehab therapy industry accelerates, WebPT responds with new innovation and leadership advancements to support customer and patient needs as well as its continued growth and market expansion. Most recently, the company introduced Digital Patient Intake, which enables patients to complete intake paperwork from any Internet-enabled device, thereby … [More]

Walton Enters the Single-Family Build-to-Rent Market Using its 81,000 Acre Land Portfolio Throughout the U.S.

Walton

Walton Global Holdings has launched a build-to-rent (BTR) line of business that will leverage its more than 81,000 acres of land assets throughout the U.S. to create near-term opportunities for single-family home rental developments. Walton is a global real estate investment and land asset management company with US$3.4 billion currently under management making the company … [More]

Nikola Invests $50 Million in Wabash Valley Resources to Produce Clean Hydrogen in the Midwest

Nikola Corporation

Nikola Corporation, a global leader in zero-emissions transportation and infrastructure solutions, and Wabash Valley Resources LLC (WVR) announced today that Nikola is investing $50 million in cash and stock in exchange for a 20% equity interest in the clean hydrogen project being developed in West Terre Haute, Ind. The project plans to use solid waste byproducts such as … [More]

Iconic Duke Photography Sold, New Owners will Continue Legacy

inbusinessPHX.com

The iconic Duke Photography business sold to local investor Aaron Klusman and his operating partners, Eric and Darcy Carter. NAI Horizon First Vice President Michael Gaida represented the seller, Darrell Duke, in the disposition of the business. The buyer was Klusman Family Holdings, LLC, Aaron Klusman. Duke Photography was established more than 70 years ago. “If you grew up … [More]

Global Product Engineering Provider Rebrands its Subsidiary

Encora

Encora, a global next-gen product engineering provider, today announced its subsidiary Avantica will operate under Encora’s global brand name effective immediately. The move builds on Encora’s vision of bringing together the best of its global capabilities to accelerate innovation and drive transformation for its clients worldwide. With the brand unification, Encora expects to … [More]

Partnership Meant to Attract More Young People to the Building Trades

NAIOP

The Arizona Chapter of NAIOP, the Commercial Real Estate Development Association, has announced a partnership with Build Your Future Arizona (BYF Arizona), whose mission is to attract more young people to the building trades profession due to the labor shortage in construction. BYF Arizona seeks to create a sustainable and skilled craft workforce by creating awareness about … [More]

Healthy Arizona Worksites Program Recognizes 121 Employers Statewide

Arizona Department of Health Services

The Arizona Department of Health Services (ADHS) and Maricopa County Department of Public Health have honored 121 employers across the state for excellence in worksite wellness strategies. The seventh annual Healthy Arizona Worksites Program awards event, held virtually on Thursday, June 17, recognizes many of the hundreds of participating corporations, healthcare … [More]

Magellan Healthcare Hosts Webinars in Support of BIPOC Mental Health Awareness Month in July

Magellan Healthcare, Inc.

Magellan Healthcare, the behavioral and specialty healthcare segment of Magellan Health, Inc. (NASDAQ: MGLN), announced activities in support of Black, Indigenous and People of Color (BIPOC) Mental Health Awareness Month in July. Historically known as Minority Mental Health Awareness Month, some organizations, including Magellan, have replaced the terminology “minority” with … [More]

Alaska Airlines Grows with Boise, Launching New Flights and Adding More Routes

Alaska Airlines

Boise is booming! And Alaska Airlines keeps growing in the dynamic city where we've long been the largest carrier. We're flying our guests in Idaho's Treasure Valley to the places they're eager to visit. Starting today, we're launching daily nonstop service between Boise and Chicago O'Hare, and Boise and Austin. Also today, we're announcing new nonstop flying between Boise and … [More]

Guidepoint Establishes New West Coast Hub in Greater Phoenix

Guidepoint

Guidepoint, a leading global expert network, today announced plans to expand its West Coast operations with a new strategic office in the Greater Phoenix area. Beginning immediately, Guidepoint is hiring a number of full-time recruitment and client service staff to support its expanding customer base across the region. For those interested in applying, visit Guidepoint’s … [More]

Federal Funding Supports Three Valley Metro Rail Projects

Valley Metro

The Federal Transit Administration (FTA) has recently announced funding for Valley Metro’s rail projects currently under construction: the Northwest Extension Phase II, South Central Extension/Downtown Hub and Tempe Streetcar. These funds signify ongoing federal support of our projects, and the importance of transit to the growing metro Phoenix area. Within its $2.5 billion … [More]

Tucson Car Wash Co. Announces Launch of Initial Public Offering

Mister Car Wash

Mister Car Wash, Inc. announced that it has launched its proposed initial public offering. The proposed offering consists of 31,250,000 shares being sold by Mister Car Wash and 6,250,000 shares of common stock being sold by selling stockholders, which include entities affiliated with Leonard Green & Partners. Certain of the selling stockholders also intend to grant the … [More]

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