Carvana Catapults onto the Fortune 500 List in Only Eight Years, One of the Fastest Rises to Date

Carvana

Carvana, the leading e-commerce platform for buying and selling used cars, today debuted on the Fortune 500® at no. 483; one of the fastest growing tech companies added to the prestigious list. Based on organic growth alone, only Amazon and Google made it to the Fortune 500 faster. Carvana is one of the youngest companies to make the 2021 Fortune 500 List, and its trajectory … [More]

12 News KPNX in Phoenix Wins 2021 Walter Cronkite Award for Exceptional Reporting on Systemic Racism

inbusinessPHX.com

12 News, TEGNA Inc.’s NBC affiliate in Phoenix, Arizona, was honored today with a Walter Cronkite Award for reporting on systemic racism for “The Work is Hard and Not Done: Being Black in the Valley," which explores the Black experience and historical events in Arizona and includes interviews with mothers, faith leaders, neighbors, and 12 News anchors Caribe Devine, Rachel … [More]

NASCAR Championship Weekend Returns to Phoenix Raceway in 2022

Phoenix Raceway

The Valley of the Sun and Phoenix Raceway will once again host NASCAR Championship Weekend, November 4-6, 2022. Phoenix Raceway first hosted the sport’s pinnacle events in 2020 and is scheduled to crown four champions in three days for the second consecutive season this fall, November 5-7, 2021. The 2022 NASCAR Championship Weekend will again feature culminating events … [More]

Pre-Leasing at Scottsdale and Palm Desert Independent Living Communities Announced

Revel Communities

Revel Communities, a division of The Wolff Company representing a portfolio of vibrant independent living communities with best-in-class amenities and services, has officially launched pre-leasing for its newest independent living communities, Revel Legacy and Revel Palm Desert. Located in Scottsdale, AZ and Palm Desert, CA, respectively, Revel’s newest desert-oasis communities … [More]

Home Builder Closes 193 Additional Homesites at North Copper Canyon

Landsea Homes Corporation

Landsea Homes Corporation, a publicly traded residential homebuilder, announced today that it has closed on 193 additional homesites at North Copper Canyon in Surprise, Arizona. “New homebuyers have really responded to our offerings in the Surprise submarket, and we’re looking forward to extending our presence at North Copper Canyon for years to come,” said Kaylee Smith, … [More]

Lucid Reveals the User Experience for Lucid Air

Rick McCartney

With technology and user experience at its center, the Lucid User Experience is designed with people at the heart of vehicle operation, communication, and entertainment Lucid Motors, which is setting new standards for sustainable mobility with its advanced luxury EVs, today revealed the Lucid User Experience – or Lucid UX – the constellation of technology … [More]

Valley Electric Company Promotes Sustainability With New Solar Powered Generators 

Canyon State Electric

Canyon State Electric (CSE), the leading electrical contractor in the Valley, is now offering a sustainable and eco-friendly energy option through its new Solar Rental service. These trailer-mounted solar-powered generators can provide a cost-effective and environmentally friendly alternative to meet the needs of construction sites, vendor trailers, vaccine sites, events and … [More]

Thunderbird Global Innovation Center Launches in Dubai

Thunderbird School of Global Management

Thunderbird School of Global Management opened a new satellite center of excellence called Thunderbird Global Innovation Center in partnership with Dubai International Financial Centre (DIFC), the leading global financial center and the top innovation hub in the Middle East, Africa and South Asia (MEASA), with over 350 FinTech and innovation companies in the region. The … [More]

Owners of Z’Tejas Announce New Ghost Kitchen Concept

inbusinessPHX.com

The restauranteurs behind Z’Tejas Southwest Grill are excited to announce a new ghost kitchen concept, Woo Woo Burgers. Operating out of the Chandler location, the new online food offering will cater to the increase demand for delicious food delivered conveniently at home or picked-up curbside. The menu will be available starting on National Burger Day, May 28. “We’re … [More]

United Health Foundation Partners with Valle del Sol Community Health to Improve Children’s Access to Care

inbusinessPHX.com

The United Health Foundation, the philanthropic foundation of UnitedHealth Group, has committed $3 million to Valle del Sol Community Health to help improve school-age children’s access to integrated health care in underserved communities throughout the greater Phoenix metropolitan area. According to America’s Health Rankings’ latest Health of Women and Children Data … [More]

Regent Properties Lands $62M Loan for Phoenix Campus

CBRE Group

Regent Properties has obtained a $61.7 million bridge loan to refinance Elevate 24, a two-building, 323,251-square-foot office property in Phoenix’s Camelback Corridor. Public records show Forethought Life Insurance Co. provided the non-recourse financing. Working on behalf of the owner, a CBRE team facilitated the deal. Elevate 24 is one of the 12 office holdings Regent … [More]

Alerus Expands SBA Lending Strength with Addition of 5 Specialists

Alerus

Alerus is pleased to announce it is strengthening its U.S. Small Business Administration lending capabilities with the addition of an expert SBA team. Led by industry veteran John Kimball, who most recently served as SBA lending manager at MidWestOne Bank, the five-person team collectively has more than 100 years of business banking and small business lending experience at … [More]

Valleywise Health Earns High Ratings from Moody’s and Fitch Credit Rating Agencies

Valleywise Health

Valleywise Health has received some of the highest ratings awarded by Moody’s Investment Services and Fitch, two national credit rating agencies, for its 2021 bond sale. Moody’s assigned an “Aa3” rating and Fitch a “AA-“ rating to the healthcare district’s general obligation bonds that were overwhelmingly approved by Maricopa County voters in 2014. Both agencies … [More]

Salt River Project Selects Emerson for Distribution Grid Modernization Project

inbusinessPHX.com

Salt River Project (SRP), the largest electricity provider in the greater Phoenix area, has selected Emerson’s OSI digital grid solutions to reliably manage its distribution power grid, optimize operations and incorporate a growing supply of distributed energy resources. Emerson’s technologies and smart grid platform will coordinate the utility’s distribution operations that … [More]

24-Hour Close Option Is a Reality, Offerpad Announces

inbusinessPHX.com

Offerpad, the tech-enabled Real Estate Solutions Center and a leading iBuyer, in partnership with First American Title Insurance Company, a leading provider of title insurance and settlement services and the largest subsidiary of First American Financial Corporation (NYSE: FAF), recently helped an Offerpad home seller close escrow on their sale in just one … [More]

Three-Building Industrial Portfolio in Phoenix Acquired by New York Investment Firm

KKR

KKR, a leading global investment firm, today announced the acquisition of a three-building industrial portfolio totaling approximately 419,350 square feet located in highly infill locations in Phoenix, Arizona. The Seller was a Joint Venture between PCCP, LLC and Hopewell Development LP. All three assets were built in 2020 and are located approximately twenty to thirty … [More]

Vistancia Finalizes Masterplan with Addition of Northpointe Community

Vistancia

Since opening in 2004, Vistancia has evolved to offer resort-style recreation centers, two award-winning golf courses – the private Blackstone Country Club and the public Trilogy Golf Club, a 3.5-mile Discovery Trail, two K-8 elementary schools, and a neighborhood marketplace uniting authentic Arizona in a Sonoran Desert living masterpiece. Vistancia has sold over 7,500 … [More]

Coyotes + BCBSAZ and Sharecare Launch Small Business Spotlight

Arizona Coyotes

The Arizona Coyotes Foundation recently announced that it has partnered with Blue Cross Blue Shield of Arizona and Sharecare to launch a "Small Business Spotlight" initiative that will highlight five Arizona-based small businesses during the 2021-22 NHL season. The goal of the initiative is to increase the exposure of small businesses in the Valley. Supporting small businesses … [More]

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