Crowdfunded Investment Firm Secures 71-Unit Property from Auction. Offering Raises $1.34M in 36 Hours

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Neighborhood Ventures, a leading real estate investment company utilizing crowdfunding to enable both accredited and non-accredited investors to invest in multifamily properties, is pleased to announce it has entered into contract on Venture on 52nd Street, a 71-unit multifamily property located at 5245 E Thomas Road in the beautiful Arcadia neighborhood of Phoenix. This … [More]

Law Firm Launches Phoenix Office Anchored by Environmental Law Partners

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Holland & Hart LLP announced the opening of its Phoenix, Arizona office and the addition of environmental partners Christopher D. Thomas and Andrea Driggs, who join from Perkins Coie. Several additional environmental lawyers are expected to join in the coming weeks. Holland & Hart expects other existing partners to join the Phoenix office as well. “Phoenix has been a … [More]

Rocket Companies to Acquire Redfin for $1.75B, Accelerating Purchase Mortgage Strategy

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Rocket Companies, the Detroit-based fintech platform consisting of mortgage, real estate and personal finance businesses, announced it has entered into an agreement to purchase Redfin, a leading digital real estate brokerage, in an all-stock transaction for a value of $12.50 per Redfin share, or $1.75 billion of equity value.  Rocket Mortgage maintains an office in downtown … [More]

Real Estate Investment Firm Opens New Mixed-Use Housing Project in Tempe

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Construction is complete on an innovative, transit-oriented, attainable housing community in the heart of Tempe. The grand opening will take place on March 15 for a 129-unit multifamily project called Dwell @ 5th and Farmer located on a two-acre parcel at the intersection of 5th Street and Farmer Avenue. Dwell Tempe will provide new housing options for residents working in … [More]

Window Into City of Phoenix Operations with New Performance Dashboard, Features More Than 165 Key Performance Indicators

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​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​ ​​​Phoenix City Manager Jeff Barton advances his commitment to the strategic use of data, transparency and continuous improvements with the launch of the City Manager’s Performance Dashboard 2.0. The enhanced performance dashboard features more than 165 key performance indicators across … [More]

onsemi Proposes to Acquire Allegro MicroSystems for Nearly $7B

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onsemi disclosed details on Wednesday of a proposal submitted to the Board of Directors of Allegro MicroSystems, Inc. to acquire the company for $35.10 per share in cash for each share of Allegro’s common stock on a fully diluted basis at an implied enterprise value of $6.9 billion. onsemi has made numerous attempts over the past six months to enter into constructive … [More]

Suburban Office Campus in Gilbert Sells for $23.5M

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The Forum at Gilbert Ranch, a  97,000-square-foot, Class A office campus in Gilbert, Ariz., sold to a private high-net-worth 1031 investor. CBRE’s Geoff Turbow, Anthony DeLorenzo, Matt Pourcho and Charlie von Arentschildt represented the private seller in the sale. The buyer was self-represented. The Forum at Gilbert Ranch is situated on 6.56 acres at 1472, 1482, 1528, and … [More]

Plastic Surgery Group Unveils Rebrand, Introduces Trademarked Procedures

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Gawley Plastic Surgery, a premier Scottsdale plastic surgery practice founded in 2006 by renowned, board-certified plastic surgeon, Dr. Bryan Gawley, announced its transformational rebrand to MD Plastic Surgery. The new name and branding aligns with sister company, MDSkin Lounge, an award-winning medical spa with three locations founded by Dr. Gawley. The rebrand reflects … [More]

Two Arizona Bio Startups Funded $100K through Flinn Entrepreneurship Program

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Arizona bioscience companies Anuncia Medical and Macula Vision Systems have been selected from a competitive field of startups to receive funding support through the 2025 Flinn Foundation Bioscience Entrepreneurship Program. The companies receive $100,000 in non-dilutive funding support through the Arizona Bioindustry Association, the Foundation’s nonprofit partner. In … [More]

New Collaboration Space Opens in Tempe, Consulting Firm Expands Presence

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SEI has been a leading provider of business and technology consulting services in the Phoenix Valley since 2006, delivering innovative solutions that help organizations solve their most complex challenges. With a deep commitment to its clients and community, SEI Phoenix is expanding its presence with a new collaboration space in downtown Tempe — a move designed to foster deeper … [More]

Enterprise Bank & Trust Announces Enterprise University Spring Course Lineup

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Enterprise Bank & Trust has launched the spring semester of Enterprise University, its innovative series of virtual business courses designed to help professionals better their businesses and careers. The live, interactive webinars are available at no cost to attendees, with the semester coursebook and registration available here. In Enterprise University’s more than … [More]

New Residential Center in Peoria Expands Access to Life-Saving Care

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Horizon Recovery, Arizona's premier provider of adolescent mental health and addiction recovery services, announced the opening of its new $3 million Deer Valley Residential Treatment Center in Peoria, creating 15 new healthcare jobs and adding vital capacity to address the state's growing youth mental health crisis. The 10-bed co-ed facility at 22201 North 91st Ave. in … [More]

Legendary Mexican Food Restaurant Opens Near ASU in Tempe

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Macayo’s Mexican Food, the longtime traditional Mexican food brand with multiple locations around the valley, has announced its new Tempe restaurant opened its doors Tuesday, March 4 with a ribbon cutting ceremony and daylong celebration. The restaurant, located in the Cornerstone shopping center at 715 S. Rural Rd., is close to the ASU Tempe Campus, making it easy and … [More]

Medicaid Housing Fund Announces $2.5M in Grants for Affordable Housing Projects across Arizona

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The Housing is Healthcare Fund by the Arizona Medicaid Health Plans, a model collaboration for affordable housing development, is announcing new grant awards to increase the availability of housing across Arizona. Five projects in Payson, Phoenix, Prescott, Show Low and Surprise will receive a total of $2.5 million. Since 2020, the Medicaid Health Plans have provided $12.8 … [More]

Fox Concepts Set to Open Second Valley Landmark Eatery at Iconic North-Central Phoenix Corner

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One of the most highly anticipated restaurant openings of the year, The Henry, has announced it will officially open its doors on April 2 at the historic Uptown Plaza on the northeast corner of Central Avenue and Camelback Road in Phoenix. This second Valley location for Fox Restaurant Concepts’ “greatest neighborhood restaurant” builds on 14 successful years in Arcadia, … [More]

Partnership Aims to Provide a Second Chance to Previously Incarcerated Individuals

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Scottsdale Recovery Center, a leading provider of addiction treatment and recovery services, announced its partnership with the Arizona Department of Corrections Rehabilitation and Reentry for the health justice re-entry program. This transformative initiative aims to support individuals transitioning out of incarceration by providing them with essential resources to … [More]

Phoenix Raceway Signs Official Health and Wellness Partner

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HonorHealth, a leading healthcare system serving more than five million people in the greater Phoenix and Scottsdale areas, announced its new three-year partnership with Phoenix Raceway as the official Health and Wellness Partner. This alliance underscores a shared commitment to promoting safety, health and vitality for motorsports enthusiasts and the broader community. “We … [More]

CrossFirst Bank Snatched Up by Illinois-Based Busey Bank

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Illinois-based First Busey Corporation, the holding company for Busey Bank, announced the completion of its acquisition by merger of CrossFirst Bankshares, Inc., the holding company for CrossFirst Bank, effective March 1, 2025. The transaction was previously jointly announced on August 27, 2024. CrossFirst Bank operates two branches in Arizona, one in Phoenix and another in … [More]

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