Tag Archives: February 2011

IMG_0535, Indian WEB

Cooper, Cardinal and Company Sells 14-Unit Multi-Family Property

Cooper, Cardinal and Company LLC, a boutique multifamily investment brokerage firm  headquartered in Phoenix, closed the sale of Indian Palms Apartments, a 14-unit multi-family community located in Phoenix, on Friday.
The sale price of $415,000 represents a capitalization rate of 8.18% on Proforma income. The pricing equates to $29,643 per unit or $45.60 per SF.
Jack A. Cardinal, a Managing Director of the firm, represented the seller and buyer in the transaction. “The buyer, primarily a single family real estate owner, seized on a great opportunity to expand their holdings into the multi-family space. We see great things for the buyer group to exponentially expand and diversify their business in the Phoenix multi-family market.” stated Cardinal.
The 9,100 SF apartment community, built in 1959 is situated on a 1.07-acre lot and was 64% occupied at the time of sale.

“The buyer is a hands on team who understands this submarket and is excited to get started and implement their value-add improvements to the asset,” Cardinal added.

toasted-marshmallows

The Dish: Marshmallows

You’ll never have to eat those stale, flavorless blobs from the grocery store again, once you learn how to make your own marshmallows! Imagine: cinnamon spice marshmallows topping off your hot chocolate on a cool fall evening, vanilla bean marshmallows toasted atop your sweet potato pie for Thanksgiving or blushing, pink rose water marshmallows dipped in dark chocolate for Valentine’s Day…The possibilities are endless with these gooey little morsels!

With the holidays right around the corner, marshmallows make excellent gifts. Place several marshmallows, some graham crackers, and a chocolate bar in a box for a homemade s’more kit. You can also wrap marshmallows in cellophane and place in an nice mug with a packet of gourmet hot chocolate for another great gift idea!

Try replacing the corn syrup with honey, agave or even molasses for an interesting twist. Virtually any flavor can be added from lemon juice to rum! Try adding different extracts or spices or even a pinch of salt on top of each to cut the sweetness. You can even use food coloring and cookie cutters to make them fun and festive. The only limit to the possibilities is remembering to keep all the ingredients proportionate (i.e. if you want to add 2 TBSP of limoncello, remove 2 TBSP of water).

Though the recipe may look long, these could not be easier to make. All you need is a mixer and your imagination!

Homemade Marshmallows 

• Vegetable oil or spray for coating pan

• About 1 cup confectioners’ sugar for coating pan and marshmallows

• 3 (1/4-ounce) envelopes powdered unflavored gelatin

• 1 1/2 cups granulated sugar

• 1 cup light corn syrup

• 1/4 teaspoon salt

• 2 teaspoons pure vanilla extract 

Pastry brush; 1 (9-inch) square baking pan; small, fine-mesh sieve; 4 1/2-quart or larger stand mixer fitted with the whisk attachment; candy thermometer

Brush the bottom and sides of a 9-inch square baking pan with vegetable oil.

Put 1/2 cup water in the bowl of a stand mixer fitted with the whisk attachment. Sprinkle the gelatin into the bowl and stir briefly to make sure all the gelatin is in contact with water. Let soften while you make the sugar syrup.

In a heavy 3- to 4-quart saucepan, combine the granulated sugar, corn syrup, salt, and 1/2 cup water. Place over moderate heat and bring to a boil, stirring until the sugar is dissolved. Put a candy thermometer into the boiling sugar syrup and continue boiling (the mixture may foam up, so turn the heat down slightly if necessary), without stirring, until the thermometer registers 240°F (soft-ball stage). Remove the saucepan from the heat and let stand briefly until the bubbles dissipate slightly.

With the mixer on low speed, carefully pour the hot sugar syrup into the softened gelatin. Gradually increase the mixer speed to high and beat until the marshmallow is very thick and forms a thick ribbon when the whisk is lifted, about 5 minutes. Beat in the vanilla.

Scrape the marshmallow into the prepared pan (it will be very sticky) and use a wet spatula to spread it evenly and smooth the top. Let stand uncovered at room temperature, until the surface is no longer sticky and you can gently pull the marshmallow away from the sides of the pan with your fingertips; at least 4 hours or overnight.

Dust a cutting board with confectioners’ sugar. Use a rubber spatula to pull the sides of the marshmallow from the edge of the pan (use the spatula to loosen the marshmallow from the bottom of the pan if necessary) and invert onto the cutting board. Dust the top with confectioners’ sugar.

Brush a long thin knife or a chef’s knife with vegetable oil and dust with confectioners’ sugar to prevent sticking; continue dusting the knife as necessary. Cut lengthwise into 8 strips, then crosswise into eighths, to form a total of 64 squares. (For larger marshmallows, cut lengthwise into 6 strips, then crosswise into sixths, to form a total of 36 squares.) Coat marshmallows, one at a time, in confectioners’ sugar.

Tip: A larger pan such as a 9 x 13″ or even a jelly roll pan can be used as well. Recipe can make up to 70 marshmallows. 

DO AHEAD: Marshmallows can be stored, layered between sheets of wax paper or parchment in an airtight container in a dry place at cool room temperature, for up to 30 days.

Click below for a printable version of this recipe

Marshmallows

flu

Who Should Get Their Flu Shot?

Getting your flu shot is even more critical when you are pregnant or have recently given birth, a University of Arizona College of Medicine – Phoenix faculty member warns.

“Influenza is more dangerous in pregnant women than other women because the changes in the immune system while you are carrying your child,” said Maria Manriquez, MD, who is also an obstetrics/gynecological physician at Maricopa Medical Center. “That’s why it is imperative that pregnant women get their flu shot now that we are entering the season.”

The first Arizona flu case was reported earlier this month.

According to the federal Centers for Disease Control and Prevention, influenza is five times more likely to cause severe illness in pregnant women than in women who are not pregnant. Pregnant women undergo changes in their immune systems, heart and lungs while pregnant making them more susceptible. Pregnant women with the flu also increase their risk of premature labor and delivery, the CDC says.

Vaccination during pregnancy has been shown to protect both the mother and child up to six months of age. Flu vaccines are not given to children until six months after they are born.

“Millions of pregnant women have received flu shots over the last several years and it has not been shown that it did any harm to mothers or babies,” Dr. Manriquez said. “In fact, it likely saved many of these women from getting sick or passing on sickness to their infant.”

The CDC said women at any point in their pregnancy can receive a flu shot and should get the vaccine rather than the nasal spray. Physicians also say women should get inoculated after they have given birth, even if they are breastfeeding, and can receive either type of vaccine.

rsz_caredf

CAREDF Completing Update Of Commercial Real Estate Inventory In Pinal County

 

The Central Arizona Regional Economic Development Foundation (CAREDF) is taking the initiative to complete a mass update of commercial real estate inventory in Casa Grande, Eloy, Coolidge and parts of unincorporated Pinal County.

This undertaking began in May and will likely conclude in July. The purpose of this project is to update the Arizona Prospector’s GIS-based system with an accurate list of available properties within the CAREDF area.

This project involves CAREDF staff to physically seek out for sale or lease commercial properties, contact the appropriate broker or owner, and then collect information regarding these properties (e.g. square footage, pictures, prior uses, etc.).

After all necessary information has been collected, CAREDF will upload this to the Arizona Prospector.

The Arizona Prospector system is an invaluable online search tool that allows potential commercial real estate buyers to search for properties throughout the state. CAREDF wants to ensure that our area’s commercial real estate receives greater exposure during this period that is seeing increased interest in Central Arizona.

The Arizona Prospector is used by Arizona Public Service, Arizona Commerce Authority, and multiple local economic development organizations. ”

CAREDF encourages all sellers and leasers within Casa Grande, Eloy, and Coolidge to provide us with sales sheets, along with any other information regarding their commercials spaces.

Please contact Luke Jackson at 1-(520)-836-6868 or email him at ljackson@caredf.org for any submittals or questions.

 

MiniCo Employees Go Bald For Cause

Be Brave And Shave: MiniCo Employees Go Bald

MiniCo Insurance Agency has four employees, Dan Sommer, Keith McConnell, Jerry Sollom and Ron Zbiegien, ready to shave their heads March 12, 2011 at 6 p.m. in the Be Brave and Shave event hosted by St. Baldrick’s Foundation at the Skeptical Chymist Irish Restaurant and Pub in Scottsdale. The event will raise money for cancer patients and medical treatment.

The St. Baldrick’s Foundation is a volunteer-driven charity committed to funding the most promising research to find cures for childhood cancers and give survivors long and healthy lives.

MiniCo employees were informed about the event from Tim Kenny.

“Tim Kenny is one of the three co-founders of St. Baldrick’s Foundation and he owns MiniCo,” says Christa Van Zant, Marketing Manager at MiniCo.

clippers MiniCo 2011;Picture:Flickr, Steve SnodgrassThe event is expected to have 30 volunteers — called shavee’s — come in with a head full of hair and leave with none.

“People in the crowd will offer to be a shavee near the end of the event,” Van Zant says. “We will stay as long as it takes.”

According to the St. Baldrick’s fiscal financial report listed October 5, 2010, they raised $21,593,683 in 2010 — their fiscal year from July 1, 2009 to June 30, 2010.

“There is no selling,” Van Zant says. “There are 10K walks, donations from personal networks such as friends, family and co-workers.”

The source of funds is not done by any mass mailings or telemarketing ventures. Funds are raised by St. Baldrick’s volunteer event organizers, shavees, barbers, sponsors, donors, staff, board members and other volunteers generate 100 percent of revenues.

“There is a location on the website to have funds donated for a specific shave,” Van Zant says. “You will also be able to view their goals, how close they are to those goals, and submit your donation with a click.”

This is the first time MiniCo will participate in the Be Brave and Shave event.

A silent auction will take place during the event with proceeds being donated to St. Baldrick’s.

Top events as of October 5, 2010, according to St. Baldrick’s website, are:

[stextbox id="grey"]For more information visit http://www.stbaldricks.org.[/stextbox]

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Top Five Superbowl Commercials of 2011

1.

Volkswagen:  “Use the FORCE, young car owner”

A wildly popular commercial, Volkswagen’s Darth Vader was a huge success.  It was funny, well made and had iconic references to Star Wars — what more could you ask for?



2.

Eminem & Chrysler:  “Detroit’s two biggest names”

It starts with an intro of “Lose Yourself” from his hit movie 8 Mile; it’s simplistic, serious view of the Detroit life for which Eminem has become famous gave the viewer a chilling, honest feeling.  A perfect example of how being simple can be most effective.




3.

Doritos:  “Finger lickin’ good!”

The past two Superbowls, Doritos has had hit or miss commercials as it attempts to implant itself as an NFL staple.  This one, in particular, was arguably the best they’ve created.  Funny and weird makes for an interesting take — like a Jim Carey film.



4.

Bridgestone: “REPLY ALL”

Bridgestone has been fairly quiet in the Superbowl commercial world, but this year they stepped it up.  An interesting, unrelated way to present car tires, it’s an office nightmare!  “REPLY ALL” can only lead to trouble.



5.

CareerBuilder.com:  “Monkeys!”

Careerbuilder.com delivered a laugh with an unusual take on employee relations in the parking lot — using monkeys.  With success in the past, Careerbuilder delivers another laugh, and let’s be honest…nothing’s funnier than monkeys in suits!



International-Sportsmens-Exposition-logo

International Sportsmen’s Exposition Arriving In Phoenix

Phoenix Sportsmen's ExpoFor 36 years, fishing, hunting, off-roading and adventure-travel enthusiasts have had International Sportsmen’s Exposition (ISE) events to offer them new products and services — and this month now marks their 11th annual exposition. Over 20,000 are expected to attend the event on February 24-27 at the University of Phoenix Stadium in Glendale.

According to Scott Kelly, CEO of Black Dog Promotions, attendants of the expo should come prepared.

“They should visit www.SportsExpos.com first to view lists of exhibiting companies, most of which have hotlinks to website; listings of special competitions available at show; schedule of all seminars and clinics at show, all free to show-goers; list of discount-ticket options, such as coupons,” Kelly said. “The show offers nearly 300 different vendors offering a wide array of outdoor-related products and services.”Phoenix Expo Seminar

The show will include outdoor retailers and product manufacturers, guides and outfitters, and resorts and lodges from across the west coast including Arizona, as well as Mexico, Alaska, Canada and even South Africa.

The International Exposition has been running since 1975 — started by Ed Rice in Eugene, Ore.

“Every person at ISE remains committed to the principles that have made us America’s Premier Outdoor Exposition, selling high-quality trips and outdoor gear,” said Brian J. Layng, the President and CEO of ISE.

In addition, seminars where attendants can learn from experts and competitions — such as the Best of the West Elk-Calling Contest — will be held. ISE provides diverse and exciting activities for both newcomers and experts of any age, so youth and families are welcome to attend.Phoenix Expo Outdoors

Show days and hours are: Thursday, Friday and Saturday from 10 a.m. to 6 p.m.; and Sunday from 10 a.m. to 5 p.m.

Show admission is $15 for adults. Youth 15 and under and veterans with Military ID are admitted free of charge, and parking is free. Tickets can be purchased online or at the door. For more information, call 1-800-545-6100, visit ISE’s website or ISE’s Facebook page.

avnet nyse anniversary

Avnet, Inc. Unveils Sculpture For 50th Anniversary

Avnet, Inc., one of Phoenix’s largest publicly-held companies will unveil a new sculpture outside its global headquarters in Phoenix on Monday, February 7th at 3 p.m. This year will mark the companies’ 50th anniversary on the New York Stock Exchange. For Roy Vallee, Avnet’s chairman and chief executive officer, this means only good things for the company.Duncan Niederauer and Roy Vallee

“There are very few companies that ever reach a milestone of this magnitude, and it speaks volumes about how our employers and leadership team have been able to adapt, innovate and succeed in accelerating the success of Avnet and our stakeholders,” Vallee said.

Vallee will be one of a number of Avnet executives participating in the unveiling. Among the executives attending are Rick Hamada, Al Maag, Ray Sadowski, Harley Feldberg and Phil Gallagher. Dignitaries also scheduled to attend include NYSE Euronext chief operating officer Lawrence Liebowitz and the Arizona artist who designed the sculpture Lyle London.

A sculpture may be a common way to commemorate a significant milestone, but for Avnet there is more personal meaning behind this one. Lester Avnet, who led the company in the 1950s and 1960s, was a well-recognized patron of the arts. The new sculpture will not only be a symbol of business accomplishments but also of a rich, artistic history.

This heritage of the arts and Avnet’s employees and business partners, who have made Avnet a $20B+ leader in technology distribution, will be recognized at the sculpture unveiling.NYSE Bell Ringing

Avnet, Inc. is one of the largest distributors of electronic components, computer products and embedded technology serving customers in more than 70 countries worldwide.

“Driven by the proliferation of technology, profitable organic growth and strategic acquisitions — 115 since joining the NYSE — Avnet has grown rapidly while demonstrating financial sustainability over the last 50 years on the NYSE, and it is well positioned to continue to thrive as an industry leader,” Vallee said.

For more information about Avnet, visit www.avnet.com