SB Real Estate Partners (SBREP) has announced the purchase of Casa Anita Apartments – a 224-unit multifamily community located in the West Valley submarket of Phoenix – for $35.3 million. The property had previously been under private ownership with a California-based family since 2005. SBREP will rebrand the property as Portola West Valley. Following SBREP’s recent sale of … [More]
CO+HOOTS/HUUB and Startup Tucson Win National Innovation Competition
The U.S. Small Business Administration partnered with the National Science and Technology Council’s Lab-to-Market subcommittee to award $330,000 in prizes to the winners of the new Lab-to-Market (L2M) Inclusive Innovation Ecosystem Prize Competition. The L2M prize competition recognizes the most impactful organizations, programs and ideas that support the research and … [More]
Banner Health Continues Vaccinating Thousands and Treating COVID Patients
As Arizona continues to deal with the COVID-19 pandemic, Banner Health workers are administering about 1,650 vaccines every day at the Arizona State Fairgrounds. In this footage, patients are seen as they go through the process of queuing in their vehicles to check-in with staff, receiving their vaccinations, and waiting at the observation area to make sure they’re not … [More]
Scottsdale Economic Development Department Reaccredited by the International Economic Development Council
The International Economic Development Council (IEDC) announces that the Scottsdale Economic Development department was once again recognized as one of 68 economic development organizations accredited by IEDC as an Accredited Economic Development Organization (AEDO). “The Scottsdale Economic Development department displays the professionalism, commitment, and technical … [More]
KBS Sells Anchor Centre in Phoenix
KBS, one of the largest investors in premier commercial real estate in the nation, announced today that it has sold a 333,014 square-foot Class A office property in Phoenix, Arizona. The property, Anchor Centre, was sold to TerraCap for $103.5 million after KBS completed an extensive improvement program on the asset. Anchor Centre was owned by KBS REIT III. “At KBS, we take … [More]
Nationally Recognized Diversity and Inclusion Expert Jennifer Brown to Host “Leading Inclusively in times of Crisis and Beyond”
Jennifer Brown, a nationally renowned diversity and inclusion expert and best-selling author, will host Leading Inclusively in times of Crisis and Beyond, the latest in a series of monthly educational equity webinars hosted by University of Phoenix. Brown, who has been featured in the New York Times, Wall Street Journal, Harvard Business Review, is known for creating … [More]
Align Technology Established New Global Headquarters in Tempe
Align Technology, Inc. announced that it established its new global corporate headquarters in Tempe, Arizona, effective January 1, 2021. The company’s San Jose campus remains the hub for its global innovation, product, and marketing organization and will become home to its new Digital Innovation Center, currently under construction. As part of the new corporate headquarters … [More]
Real Estate Crowdfunding Co. Launches National Fund for Accredited Investors
Neighborhood Ventures was created to change the way people invest in commercial real estate. Co-founded by John Kobierowski, who brings over 25 years of experience in Phoenix multifamily real estate, and Jamison Manwaring, a former equity analyst at Goldman Sachs and head of investor relations for a large public company, Neighborhood Ventures was launched in 2017 to give … [More]
Rural Development Investment Fund to Support Community Infrastructure Projects
The Arizona Community Foundation (ACF) and the U.S. Department of Agriculture Rural Development (USDA RD) have launched a public-private partnership to support rural Arizona. ACF will provide $5 million in a revolving line of below-market rate financing to help rural communities access approximately $40 million annually in USDA funding for infrastructure projects that will … [More]
Delta Dental of Arizona Makes $525,000 Gift to Drive Better Outcomes for Uninsured Dental Patients
Delta Dental of Arizona has partnered with Neighborhood Outreach Access to Health (NOAH) and HonorHealth Foundation to fund expert emergency dental treatment at NOAH for uninsured patients who visit HonorHealth emergency departments with dental issues. The new Delta Dental of Arizona Dental Connect program is made possible by a $525,000 donation by Delta Dental of Arizona … [More]
New, Free Online Course Designed to Navigate Business Opportunities in Cannabis
The passage of adult-use marijuana presents huge opportunities for businesses and entrepreneurs, but the highly regulated cannabis industry can be difficult to navigate. MITA, Arizona’s Cannabis Trade Association is offering a complimentary, 16-week Social Equity Applicant Mentorship Program sponsored by Copperstate Farms, Weedmaps and Scottsdale Community College designed … [More]
Arizona Mortgage Applications Reveal Trends in Active New Home Market
Fulton Homes, Arizona's largest family-owned and -operated homebuilder, has consistently strived to understand the desires of homebuyers and trends in order to best accommodate them while also considering the direction of the larger industry. The homebuilder has always championed the idea that mortgage applications are a useful data point to learn from as the company develops … [More]
Intel Appoints Tech Industry Leader Pat Gelsinger as New CEO
Intel announced that its board of directors has appointed 40-year technology industry leader Pat Gelsinger as its new chief executive officer, effective Feb. 15, 2021. Gelsinger will also join the Intel board of directors upon assuming the role. He will succeed Bob Swan, who will remain CEO until Feb. 15. Today’s announcement is unrelated to Intel’s 2020 financial performance. … [More]
Nikola Positioned to Accelerate Hydrogen Economy
Nikola Corporation has secured an innovative electric rate schedule with Arizona Public Service Company (“APS”) that makes possible the accelerated development of hydrogen-based fueling solutions for the transportation industry. Nikola is a company dedicated to the advancement of innovative zero-emissions truck solutions and the energy infrastructure required to make this … [More]
Black Chamber, Arizona Hispanic Chamber Produce Weekly DEI Series
In a continued effort to promote and support diversity and inclusion initiatives within our state, Arizona Federal Credit Union announced today that they signed on as a Rally Point Partner with the recently launched Social Television Network (STN) streaming series, The Community Collaborative (TCC). Born in response to the civil unrest and heightened attention on racial … [More]
HomeServe’s Expansion in Phoenix Continues with Acquisition of Canyon State
HomeServe USA, a leading provider of service plans, repair, and installation services for the home, today announced the acquisition of Canyon State Air Conditioning, Heating and Plumbing (Canyon State). Serving customers in and around Sun City and Sun City West, the A+ Better Business Bureau rated Canyon State marks HomeServe’s fourth HVAC company acquisition in the greater … [More]
Swift Transportation Unveils Truckers Against Trafficking Wrapped Truck
Swift Transportation, the largest full truckload carrier in North America, unveiled their wrapped truck honoring Truckers Against Trafficking. The new 2021 wrapped Freightliner Cascadia will be a living representation of Swift's partnership with the non-profit organization Truckers Against Trafficking (TAT). The wrap displays Swift's and TAT logos and reads "Everyday Heroes … [More]
$18 Million Capital Campaign Launched to Build Science Facility Housing Largest Telescope in Greater Phoenix
The International Dark Sky Discovery Center (IDSDC) launched an $18 million capital campaign to build a unique science-based facility in Fountain Hills, Ariz., that includes a first-class domed observatory. The IDSDC will house the largest telescope in Greater Phoenix, and with its three other state-of-the-art components, will provide STEM education for students and … [More]
