Year: 2020

Awards & Accolades  1. AZRE Magazine has announced the winning projects for the 2020 Real Estate Development (RED) Awards via a virtual ceremony. AZRE…

By Tasha Anderson for AZBEX  Despite a recent sharp decline in Arizona hotel occupancy and temporary closures due to COVID-19, plans for a…

Policy & Stimulus News  Major Disaster Declaration Request Approved  Governor Doug Ducey announced that President Donald Trump, in coordination with the Federal Emergency Management Agency, approved Arizona’s request…

By BEX Staff for AZBEX   According to the latest biannual “RLB Crane Index” from construction monitoring and advisory firm Rider Levett Bucknall, cranes visible across…

Source: Associated Builders and Contractors  Construction industry employment declined by 29,000 in March, according to an Associated Builders and Contractors analysis of data released by…

Giving Back  1. Although the annual golf tournament benefitting Kids for Hope was postponed, engineering consulting firm, Terracon still found a way to…

Sales Transactions  1. Tower Capital, an independent structured finance firm, arranged two acquisition loans totaling $26.19M for multifamily properties in Phoenix. Tower…

By Rebekah Morris for AZBEX  Nearly 80 individuals logged onto the first-ever virtual delivery of the BEX Leading Market Series. Healthcare was always meant to be…

Budget & Stimulus News CARES Act Business Tax Incentives  The historic $2T stimulus package known as the Coronavirus Aid, Relief, and…

By Tasha Anderson for AZBEX  Plans to redevelop a 6.78-acre property at the SEC of Marilyn Road and Kierland Boulevard into a Class…