Arizonans Wagered Nearly $540M on Sports in September

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Arizonans wagered nearly $540 million on sports during the month of September, according to a new report by the Arizona Department of Gaming. This amount represents an 84.7% increase when compared to September of 2021. “September was clearly a strong month for Arizona sports betting, with the state seeing over $245 million more in wagers when compared to the same month of … [More]

Scottsdale-Based Conscious Capital Acquires Majority Stake in Hospitality Staffing and Recruiting Franchise

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Conscious Capital Growth announced today that Patrice & Associates, a franchise company that for 30 years has led the way in hospitality and food and beverage staffing and recruiting, is now primed for a rapid growth trajectory as part of Conscious Capital Growth's rapidly developing portfolio. Conscious Capital Growth's managing partners and tenured … [More]

AI Becomes Part of a New Partnership to Support Mental Health for Arizona Teens

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Gnosis IQ, an Arizona-based artificial intelligence software that predicts and tracks student success and empowers the social emotional well-being of students, is excited to announce a new partnership with the nonprofit organizations notMYkid and Death2Life that will provide Arizona teens with immediate access to the mental health resources they need, specifically emotional … [More]

Housing Outlook: A Post-Pandemic Sales Slump Will Push Home Prices Down, 12 Predictions for 2023

inbusinessPHX.com and Redfin

Mortgage rates will take center stage in 2023, with high rates likely to make it the slowest housing-market year since 2011, according to annual end-of-year predictions from Redfin, the technology-powered real estate brokerage. Redfin’s forecasts for mortgage rates, home sales and home-sale prices account for a range of outcomes for inflation, employment and other … [More]

Rainbow Ryders Leads ‘Save AZ Ballooning’ Campaign

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As a leader in the hot air balloon industry for more than 40 years, Rainbow Ryders, is spearheading the “Save AZ Ballooning” campaign to engage the community and create change for the hot air balloon community in Arizona which is in danger due to Arizona state land issues that are prohibiting all hot air balloon companies from launching and landing on state land. Hot air … [More]

Education Group Launches Solar Technician Course for Amazon Employees

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StrataTech Education Group, a long-time leader in training skilled professionals, launched a new solar technician course for Amazon’s hourly employees as part of Amazon’s Career Choice program. The 10-week solar technician course is offered at The Refrigeration School, Inc. (RSI) and teaches photovoltaic (PV) science and an introduction to the fundamentals of solar energy, with … [More]

Nikola’s Hydrogen Project Advances to Next Phase of U.S. Department of Energy $1.3 Billion Loan Application Process

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Nikola Corporation, a global leader in zero-emissions transportation and energy supply and infrastructure solutions, recently announced that the Department of Energy Loan Program Office (LPO) has invited its Phoenix Hydrogen Hub LLC project loan application into Part II of its application process. The project loan application was submitted on May 26, 2022, and has now … [More]

Local Public Relations Firm Hits Milestone Growth, Empowers Business Community

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For the past 12 years, Evolve PR and Marketing has worked with local and national businesses to promote and enhance their message to the world. Since 2018, the company has doubled its workforce to 21 employees, adding eight additional PR account managers to the roster in 2022 alone. Additionally, it grew to provide essential PR services for more than 100 clients, a 66% increase … [More]

M Catering among the Founders of a New Organization Forming within the Hospitality Industry

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The US food service industry represents a whopping $909 billion (Global Data), with a $10 billion catering industry channel, both set for steady growth in 2023 and beyond. Even with these numbers, food service and catering purveyors found themselves with little representation in Washington D.C. during the tumultuous pandemic years. To gain strength during … [More]

California Beverage Franchise Breaks into Arizona Market, Plans for Aggressive Growth in Southwest

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Sip Fresh, an innovative, handcrafted juice and beverage franchise concept, is expanding out of California and entering the Arizona market with plans to open its first location in Glendale. This entry into the greater Phoenix area marks the first of multiple units the high-quality beverage franchise is set to open in the Grand Canyon State. The Glendale location is set to open … [More]

CRE Co. Completes $255 Million Sale of Four-Property Seniors Housing Portfolio in the Phoenix

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Newmark announces the $255 million sale of a four-property, Class A seniors housing portfolio—LivGenerations—located in Phoenix, Arizona. Newmark represented the seller, regional owner/operator and developer Liv Communities, in the transaction. The LivGenerations portfolio totals 546 units comprising independent living, assisted living and memory care units. … [More]

Capital Management Co. to Partner with Scottsdale-Based SmartRent

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SVN | SFR Capital Management, a private commercial real estate investment firm dedicated to the single-family Build-for-Rent housing sector, announced its partnership with property technology solutions provider, SmartRent. SmartRent’s smart home solutions aim to help SVN | SFR reduce costs and increase operational efficiencies within its dedicated rental communities while … [More]

Quick-Service Restaurant Brand to Open Fifth Phoenix Location

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Popular quick-service restaurant brand eegee’s will open the doors to its fifth Phoenix location at I-17 and W. Bell Road on December 8th. eege's brings its namesake frozen drink—an ice-cold concoction packed with chunks of real fruit—award-winning French fries, signature subs, grinders and its new chicken tender meal to its northernmost location. The 2,300-square-foot space … [More]

Employer Branding Co. Launches New Diversity Talks Podcast Series

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BestCompaniesAZ, a local employer branding company specializing in identifying and elevating Arizona’s award-winning workplace cultures, launches a Diversity Talks Series powered by the Great Companies! Great Leaders podcast. The Diversity Talks Series was created to connect with award–winning companies committed to fostering a work environment where cultural differences are … [More]

Iconic Esplanade Campus Announces $45 Million Capital Plan

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The ownership of the Esplanade office buildings have announced plans to fully renovate and upgrade the renowned and prestigious four building campus. Located at 2425, 2525, 2575, and 2555 E. Camelback Rd. in the Biltmore area, the $45 million project will add approximately 30,000 square feet of new amenity space and overhaul the existing buildings. Construction is expected to … [More]

Super Bowl Legacy Grant Recipient Awarded $75,000

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The Arizona Super Bowl Host Committee and the NFL Foundation announced Super Bowl Legacy Grant recipient Vitalant, the largest national nonprofit focused on blood services, is receiving $75,000 for a new bloodmobile. The announcement also marks the 75-day countdown to Super Bowl LVII. “Investing in our community is paramount … [More]

SaaS-Based Fleet Services Co. Enhance Features across Small Business, Franchise, and Mid-Enterprise Customers

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GPS Insight, a leading provider of SaaS-based fleet and field service management software solutions, today announced enhancements to its integrated Field Service Management (FSM) suite, marking significant strides towards the empowerment of both fleet and field service companies to seamlessly manage their mobile assets and mobile workforces together. Strengthening its … [More]

U.S. Housing Market Moves Closer to Favoring Buyers; Sellers’ Markets Show No Sign of Slowing Down

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The U.S. housing market moved further in the direction of buyers last month as the markets that cooled the fastest in response to quickly rising interest rates and home prices continued to moderate, according to the Knock Buyer-Seller Market Index released today. At the same time, many of today's seller strongholds show no sign of slowing down and some are expected to gain … [More]

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