APRIL 2024 ISSUE
Capital Ideas: How Different Types of Funding Can Grow Business
Prominently visible on buildings around town are names that demonstrate the strength and depth of the financial sector here — serving a business community equally strong and varied. We connected with select members of that sector to present an overview of funding types and opportunity. Notes Ken Bauer, chief lending officer at OneAZ Credit Union, “In order to grow or … [More]
April 2024 Guest Editor RaeAnne Marsh, In Business Magazine
Capital is recognized as the essential foundation of business. But even more basic is access to capital. And to knowledgeable counsel on achieving that access and making the most of financial opportunity that goes with it. This month’s cover story looks at sources of capital from several different angles — including types of funding programs and financial … [More]
TOP STORIES
NHL Board Approves Establishment of New Franchise in Utah, Renders Arizona Coyotes Franchise Inactive
The National Hockey League’s Board of Governors today approved the establishment of a franchise beginning with the 2024-25 season in Utah, that will be owned and controlled by Smith Entertainment Group, which is led by Ryan and Ashley Smith. In addition, the Board approved a plan that renders the Arizona Coyotes franchise inactive, with a right to reactivate if owner … [More]
Buying a Home Hits New Record as Mortgage Rates Jump, Prices Rise 5%
The median U.S. home-sale price increased 5% from a year earlier during the four weeks ending April 14, bringing it to $380,250—just $3,095 shy of June 2022’s all-time high. That’s according to a new report from Redfin, the technology-powered real estate brokerage. The average daily mortgage rate this week surpassed 7.4%, the highest level since last … [More]
Tech Giant Brings AI Platform Innovation to Life at Olympic Games
Intel announced its plans for the Olympic and Paralympic Games Paris 2024. Bringing AI Everywhere, Intel will implement artificial intelligence technology powered by Intel processors on the world’s biggest stage. As the Official Worldwide AI Platform Partner of the Olympic and Paralympic Games Paris 2024, Intel will introduce new, innovative AI experiences based on … [More]
Home Values Rising Fastest in Costliest Metros
Those shopping for homes this spring are feeling vastly different levels of market heat depending on where they're looking. Inventory is a critical factor, the latest market report1 from Zillow® shows. "Shoppers in the market today should expect competition, especially for attractive listings on the lower end of the price range — a rare opportunity these days," … [More]
FEATURED STORIES
Law Firm Urges Businesses across All Industries to Start Taking Precaution on AI
Innovative Scottsdale-based Rose Law Group, a full-service law firm that prides itself on hyper-responsiveness to clients’ needs urges Arizona business owners and leaders to take serious care with their company’s AI use. Weekly clients are seeking advice from Rose Law Group to develop proactive AI policies to minimize risk with the new technology. There have … [More]
5 Action Steps to Get Peak Performance from Employees
People perform at their best when, and only when, they know their leaders care, their work has meaning, and they have the chance to learn, grow, and develop. You’ve got to inspire them, empower them and guide them. Let's focus on the first discipline in this process and particularly on five action steps to inspire people to do their best. A discipline is defined as … [More]
Be Ready for Next Year: IRS Tax Withholding Estimator Helps Ensure Withholdings Are Correct for 2024
The IRS encourages taxpayers to use the IRS Tax Withholding Estimator to ensure they’re withholding the correct amount of tax from their pay in 2024. This digital tool provides workers, self-employed individuals and retirees with wage income a user-friendly resource to effectively adjust the amount of income tax withheld from their … [More]
HOT TOPICS
Homebuilder Closes on 90 Homesites for New Community in Mesa
Landsea Homes Corporation, a residential homebuilder, has closed on 90 homesites in Mesa, Arizona for a new community called Circlestone. “We’re … [More]
Gilbert Industrial Complex Fills Up with eCommerce Operations for Fulfillment Co.
JLL announced today that it has completed a 40,415-square-foot lease for PipShip within ViaWest Group’s recently acquired six-building industrial … [More]
New Luxury Apartments Open within Walking Distance from Goodyear Ballpark
Solace at Ballpark Village, Goodyear’s latest high-end community, is now open and accepting leasing applications. Located at 2445 S. Estrella Parkway, … [More]
Terros Health Launches Outpatient Portable Pilot Program for the Homeless
They may look like a throwback to the ‘60s, but Terros Health’s two new colorfully decorated vans – affectionately named “Groovy” and “Disco” – are … [More]
Arizona’s Blue Envelopes Help Drivers with Autism during Traffic Stops
Arizona is launching a program through which drivers on the autism spectrum can place their credentials in special blue envelopes to enhance … [More]
NEW Family Destination Event Space and Play Area Opens
The Little Play Avenue is set to redefine the landscape of imaginative play and venue space in the Phoenix area on April 20th by introducing an … [More]
LIVE AND LEARN
New Temporary Public Art Program in Scottsdale Supports Emerging Artists
After more than a decade, the temporary public art program IN FLUX has come to an end, but Scottsdale Arts is taking up the mantle to continue bringing temporary public art to the city of Scottsdale. Scottsdale Public Art, a department under the nonprofit Scottsdale Arts, has been actively involved in IN FLUX since 2010, collaborating with neighboring cities … [More]
Spring Reopening Announced at Stargazing Resort near Grand Canyon National Park
Clear Sky Resorts announces an April 25th opening of their one-of-a-kind resort near Grand Canyon National Park. "Spring is an ideal time to visit to avoid the peak travel season of summer," explains Hal Feinberg, resort co-creator. Daytime temperatures in the spring are perfect for exploring. Clear Sky Resorts' spacious Sky Domes offer early season guests the best of … [More]
2024 Men’s Final Four Fan Events Apr. 5 – 8
Men’s Final Four Fan Fest® Presented by Capital One Phoenix Convention Center April 5-8, 2024 Come Ready to Play! If the games weren’t exciting enough, the Men’s Final Four is bringing a weekend jam-packed with events around the Valley for residents and visitors of all ages. Sports fans, college students, families, music junkies: there is something … [More]
PHILANTHROPY
Keeping Pets with Families Is Goal of New Nonprofit Partnership
Pets are proven to improve the social, emotional, and physical health of their human companions, especially in times of crisis and hardship. When an individual or family is facing … [More]
Statewide Digital Awareness Campaign Addressing Arizona’s Housing Crisis Launches
Home is where it all starts is launching a statewide digital awareness campaign to provide solutions to the state’s housing crisis and make sure every Arizonan has a place to call … [More]
Nonprofit Launches New ‘Fair Chance’ Program from $500,000 Chase Foundation Grant
Valley of the Sun United Way is forming a new Fair Chance Collaborative to help address the multi-dimensional needs of individuals in the Phoenix metropolitan area who have been … [More]
POSITIONS
PR and Marketing Agency Appoints Managing Director to Drive Digital Innovation, Strategy
Aker Ink PR & Marketing, a full-service agency helping companies increase brand awareness, enhance thought leadership and generate leads, has hired industry veteran and expert … [More]
Nonprofit CEO Set to Depart after 20 Years of Service
After a long and successful career with Big Brothers Big Sisters of Central Arizona (BBBSAZ), Laura Capello, president and chief executive officer, will depart after the end of the … [More]
Dr. Ashish S. Patel Named Physician-in-Chief at Phoenix Children’s
Phoenix Children's today announced the appointment of Ashish S. Patel, MD, as physician-in-chief of the rapidly expanding health system. In his new role, Dr. Patel leads four of … [More]
ACHIEVEMENTS
Homebuilder Honored as 2024 Builder of the Year in Arizona
Shea Homes’ Arizona Division, for the third time in four years, claims the top prize in the most renowned yearly competition among Arizona home builders. The 38th annual Major … [More]
Glendale-Based FinTech Co. Honored for Making CRE Private Credit More Accessible
AVANA Companies, a comprehensive lending and asset management ecosystem, was named a winner of the 2024 FinTech Breakthrough Awards for “Best Real Estate Investment Platform” … [More]
2024 Venture Madness Winners Announced
The Arizona Commerce Authority (ACA), in partnership with Venture Madness, announced three winners for the 2024 Venture Madness Conference. Arizona’s longest-running pitch … [More]