The City of Phoenix has set aside an additional $2 million to continue protecting urban farmland from development. Through a partnership with Central AZ Land Trust (CALT), Maya’s Farm has been permanently protected from development via a conservation easement, and additional funds are now available for more conservation easements. In June 2021, the Phoenix City Council … [More]
Kitchen and Bath Remodel Co. Identifies Need for Digitally Aided Services
Dwellify, a new digital-first kitchen and bathroom home remodeling service, announces that the service is now available in Phoenix. New data reveals that more than a third (38%) of Phoenix homeowners have regretted not hiring some sort of professional assistance during their remodel. The Dwellify service is a one-stop-shop process that combines a free, AI-powered design quiz, … [More]
Prospective Home Sellers and Buyers Retreated in August as Mortgage Rates Approached 6%
Seasonally-adjusted new listings of homes for sale fell 8% from July to August to their lowest level since May 2020, when the housing market was paralyzed by the onset of the COVID-19 pandemic, according to a new report from Redfin, the technology-powered real estate brokerage. Prior to the pandemic, we hadn’t seen so few homes hit the market since November … [More]
HVAC Co. Lands $2.1M City Contract Right Out of the Gate with New Technology
Locally-based ECM Technologies has been awarded a $2.1 million City of Phoenix contract for up to 12 million square feet of conditioned space after running numerous, highly successful, long-term pilot programs over the past four years in the Valley. The company’s proprietary ThermaClear™ radically extends the life and efficiency of HVAC systems with one treatment for the entire … [More]
Special Needs Health Plan Launches in Arizona, Focus Is Chronic Kidney Disease
Gold Kidney of Arizona, Inc., a subsidiary of Gold Kidney Health Plan has contracted with the Centers of Medicare and Medicaid (CMS) and is launching a Medicare Advantage Chronic-Care Special Needs Plan effective January 1, 2023. Gold Kidney of Arizona will offer the same coverage as Medicare with additional benefits, designed for patients with Chronic Kidney Disease that lead … [More]
International Real Estate Investment Firm Acquires Multifamily Property, Plans Major Renovations
Affiliates of Harbor Group International, a privately owned international real estate investment and management firm, announced the acquisition of the Colter Park Apartments, a 384-unit multifamily property located in Phoenix, Ariz., for $80.75 million. Steven Vegh of Westwood Realty Associates brokered the off market transaction. Northmarq arranged a Freddie Mac senior loan on … [More]
Drops in Home Sales Price Result in More Closings, Phoenix Sees YOY Decrease
According to August data in the RE/MAX National Housing Report, home sellers, on average, accepted offers below their listing prices last month – a further indication of rebalancing in the housing market. Across the report's 51 metro areas, the average Close-to-List Price Ratio in August was 99%, meaning that homes sold for 1% less than the asking price. That's down from 101% … [More]
Unique Branding Agency to Become First Platform for Women Athletes of Color
A group of sports and entertainment executives led by longtime industry veteran Dr. Keenan J. Davis, announced today the creation of Phoenix-based Our Name branding and career development platform for collegiate athletes. Our Name is an opportunity marketplace that connects women athletes of color to brand partnerships and capital resources during and after … [More]
PropTech Co. Rebrands amid Rapid Growth in the Residential Real Estate Investment Market
Stoa, the Arizona-based company behind the FlipOS by Stoa property technology (proptech) platform for professional home flippers, announced it has rebranded as Stoa. The rebrand comes on the heels of closing a $100 million securitization last month, the latest of a total $300 million in debt and equity raised over the past year. As the company continues its rapid growth, … [More]
Gilbert’s Agritopia Expands with More Retail and a Fitness Company
Epicenter, the high-end, vertically integrated mixed-use community and retail destination in the heart of Agritopia is pleased to welcome more Arizona establishments to its existing line-up of retail and dining tenants. Currently, Belly and Beer Barn are open to the public. Barre3 is a fitness company comprised of 130+ studios around the globe; 250+ streamable online … [More]
International Entrepreneur Summit to Connect Immigrant and Refugee Entrepreneurs
Better Business Bureau Serving the Pacific Southwest (BBB) in partnership with Empower by GoDaddy (NYSE: GDDY) is holding a no cost virtual business summit to support immigrant and refugee entrepreneurs. According to an American Economic Review study, “immigrants are 80% more likely to start a business than people born in the U.S.” The educational summit will offer support and … [More]
Arizona Office of Tourism Launches Digital Route 66 Passport
Route 66 has long held a place in the hearts of travelers near and far, its legendary status catering to lovers of Americana, nostalgia and the feel of the open road. Now the undeniably Instagrammable landmarks and one-of-a-kind experiences that can only be found along Arizona’s Mother Road are being introduced to a new generation of fans via the digital Route 66 Passport from … [More]
Tempe to Launch New BIPOC Micro-Manufacturing Program
Tempe-based micro-manufacturing businesses owned by BIPOC entrepreneurs will get a boost from a series of first-ever federal and local grants under a new program being created by the City of Tempe. At its Sept. 8 Regular Meeting, the Tempe City Council approved contracts to support Black, Indigenous and people of color micro-manufacturers with business consulting services … [More]
Electric Bike Co. Says New Product Will Encourage Ditching the Car
Lectric eBikes, one of the fastest growing electric bike companies in the nation, has debuted its first accessory specifically designed for pets. The Wag-along pet trailer makes it easier than ever before to bring your favorite furry friends along for the ride. As part of its efforts to offer the greatest urban transportation solution ever, Lectric has … [More]
ASU Named ‘No. 1 in Innovation’ in the Nation for Eighth Consecutive Year
For the eighth year in a row, Arizona State University is No. 1 in innovation in the newly released annual Best Colleges rankings by U.S. News & World Report. Over the past 20 years, ASU has grown from a regional desert university to a world-renowned public research institution of tremendous societal impact, an accomplishment reflected by its unchallenged designation as … [More]
Mortgage Delinquencies Inch Up from May but Remain Near Record Low in June
CoreLogic, a leading global property information, analytics and data-enabled solutions provider, today released its monthly Loan Performance Insights Report for June 2022. For the month of June, 2.9% of all mortgages in the U.S. were in some stage of delinquency (30 days or more past due, including those in foreclosure), representing a 1.5 percentage point decrease … [More]
WebPT Introduces Latest Integrated Platform for Rehab Therapists’ In-House Billing Teams
WebPT, the leading rehab therapy platform for enhancing patient care and fueling business growth, announces the general release of WebPT Billing, the latest evolution of its integrated billing solution for rehab therapy organizations supporting more than 2,000 visits per month. Used in conjunction with the WebPT EMR, WebPT Billing connects workflows throughout the practice in … [More]
Montessori-Inspired Cooking Academy Looks to Arizona for Expansion
With the increasing demand for a curriculum that focuses on practical life skills empowering children to be independent – Little Kitchen Academy, the first-of-its-kind, Montessori-inspired cooking academy – has announced their desire to identify multi-unit franchise and development partners to assist in bringing the brand to communities throughout Arizona. Known for teaching … [More]
