global economy Archives

68-Unit Apartment Community in Mesa Sells for $4M

by in Brokerage | Business News

    Cassidy Turley completed the sale of Country Club Greens, a 68-unit apartment community on 2.4 acres at 350 W. 13th Place in Mesa for $4M. The buyer was Clear Sky Capital CCG L.P. of  Phoenix and the seller was California Bank & Trust. Executive Vice Presidents David Fogler and Steven Nicoluzakis with Cassidy… Read More →

Understanding Economic Concepts, Applying In A Global Perspective

Economic concepts

Within the past few decades we have become a global economy, which adds great opportunity but also risk. Our global economy is affected by many more factors today and is connected deeply with other countries. How does this affect the United Sates? It can affect us in many ways. Before analyzing our global economy it’s… Read More →

Newly Formed Arizona Commerce Authority Convenes Its Inaugural Board Meeting

Photo from Wikimedia Commons.
by in Blogs | Finance | Workforce

Vowing that “today the rubber hits the road,” Gov. Jan Brewer and Jerry Colangelo assembled and introduced 35 state leaders representing diverse backgrounds for the inaugural board meeting of the Arizona Commerce Authority. The private-sector board will work to align diverse assets and opportunities within the state to compete economically in both domestic and international… Read More →

Don’t Count On The Current Gold Rush Lasting

light reflecting off gold bars
by in Columnist Spotlight | Finance

The recent economic recession forced society to relook at what we consider to be financial norms. What was considered reasonable several years ago is now unjustifiable based on today’s new standard. The comfort of having money in an actual wallet is greater than having a pricey purse to carry it in. It is possible that… Read More →

Valley Forward: Barbara Lockwood

Barbara Lockwood, APS
by in AZ Business Magazine | Green

Barbara Lockwood Director of Renewable Energy Arizona Public Service Barbara Lockwood is a chemical engineer who doesn’t consider herself an environmentalist at heart, yet there she is — director of renewable energy for Arizona Public Service. “It’s not something that’s innate in me,” Lockwood says about the environment. “I got into it from a… Read More →

Stabilizing Asset Prices Is Key To An Economic Recovery

money line

The declines in asset prices are sweeping around the globe like a giant tsunami tumbling everything in its wake. Equity prices are down 47 percent from their highs, commodities 53 percent and, of course, residential real estate 25 percent. Industrial production, retail sales and personal consumption expenditures are all showing losses year-over-year and do not… Read More →

The Recession In Arizona And The Nation Could Drag On For Another Year

Dark Days: Recession in Arizona

Winters in Arizona may be sunnier than other places, but the economy in the Grand Canyon State has cooled faster than almost every state. Analysts expect 2009 to bring even more bad economic news, and it is likely that the monthly reports on job growth and unemployment will be downright chilling for some time to… Read More →