Virtus Pays $49M for Phoenix Medical Office Building in The Grove on Camelback
Virtus Real Estate Capital has acquired Banner Health Center Plus at The Grove, a 70,000-square-foot medical office building in Phoenix, for $48.5 million. The previous owner was RED Development, according to CommercialEdge data. JLL represented the seller. According to the same source, the property was subject to a construction loan of $30 million in 2021, […]
Phoenix Suns, Phoenix Mercury Announce Groundbreaking Media Rights Deal
The Phoenix Suns and Mercury announced a new media rights deal with Gray Television, Inc. and Kiswe to deliver 100% of each team’s locally broadcast games via over-the-air television and streaming. Under the new deal, the Suns and Mercury games will be available to nearly 2.8 million households in Arizona, more than tripling the current […]
Beyond Just Talk: How an Emphasis on People and Culture Is Building Business
DEI as a concept is about celebrating and respecting individuals’ differences. Naturally congruent with that effort are differences in the way individual enterprises put that into play with their unique business function and workforce. As the experience of these successful businesses in varied sectors of our community shows, there are many ways to make a […]
Essen Otu, Salt River Project
We are living in an exciting time in history, both in Arizona and around the world, as diversity, equity and inclusion (DEI) are being recognized as critical in the business world. DEI as a concept is about celebrating, harnessing and respecting individual differences and creating environments that maximize human potential in everyone. When this is […]
All Video Is Video Content Marketing
Being on video and watching videos is today’s business norm. A recent survey showed 76% of consumers watched a video before purchasing a product. Social media influencers promote products through video-based storytelling. They login to video meetings daily with prospects and customers. Since 2005, the year YouTube launched, video has increasingly grown in prevalence, production […]
Optum for Optimal Health Over 55
Optum Care has been a leading healthcare provider since 2011, serving more than 19 million patients across the United States. From California to Pennsylvania, Optum is committed to advancing health equity, envisioning a world where local communities can provide equal access to quality healthcare without any barriers. To achieve this vision, Optum focuses on building […]
Listening Is the First Step
Listening is a powerful tool in any business setting and a critical skill that can enable a business to understand what its employees need, what they desire in their work, and how the business can become more successful. Listening, however, can be challenging for many business owners and managers who are often focused on the […]
Use an Advisory Board to Benefit a Business
We can probably all agree that many businesses often operate with scarce resources and limited expertise, sometimes making it challenging to navigate complex business decisions. However, if a business owner had the opportunity to solve this problem by consulting a team of experts solely dedicated to providing guidance based on previous experiences, wouldn’t they take […]
The Future Role of Social Media in Finance
The idea in my book that information is the product comes from the work of sociologists from the early days of social media, including Yochai Benkler, Charles Leadbeater and Clay Shirky, who predicted that the economy would increasingly become a participatory one (Benkler, 2007). Clay Shirky introduced the concept of “mass amateurization,” where platforms turned […]
Position Your Business for Acquisition
Many entrepreneurs launch their companies with an eye toward eventually selling them. But preparing a business for an acquisition is not as simple as making the decision to sell. The process can be complex and take several years, depending on objectives and the state of the business, which can leave the founders or owners unsure […]