Year: 2020

Sales Transactions 1. A group of investors led by Colorado investor Daniel Feiner purchased Alanza Place Apartments, a 360-unit multifamily…

By Tasha Anderson for AZBEX  Banner Health is planning a five-story medical tower expansion at their Desert Medical Center Campus at the SEC…

Economic News  PPP Was a Lifeline for Very Small Businesses  New data on the Paycheck Protection Program loans issued by the Small Business Administration shows businesses…

Economic News  PPP Was a Lifeline for Very Small Businesses  New data on the Paycheck Protection Program loans issued by the Small Business Administration shows businesses…

By Tasha Anderson for AZBEX  Arizona’s seasonally adjusted unemployment rate decreased to 7.8 percent in November 2020, from October 2020, according to the latest report published by the Arizona Office of Economic Opportunity.   The national rate decreased to 6.7 percent…

Groundbreakings  1. The $115M sports arena planned by Arizona State University to host hockey, wrestling and gymnastics has received final approvals from the Arizona Board…

By Tasha Anderson for AZBEX  Porter Kyle, a Scottsdale-based multifamily builder and developer specializing in horizontal, build to rent space, is quickly…

Budget, Policy & Stimulus News  Glendale Wants to Use CARES Act Funds for Homelessness  Glendale’s Community Services Department has proposed a pilot program…

By Phoenix Rising Communications  Phoenix Rising FC, Arizona’s highest-level professional soccer team, announced the relocation of its stadium and professional…

Giving Back  1. With heightened economic and health concerns amid the COVID-19 pandemic, Parallel Capital Partners has announced it will donate $100K – in lieu…