(Reuters) – Pinnacle West Capital Corp posted a quarterly profit from year-ago loss on Thursday, on the back of customer growth, increased sales and new rates.Utility companies use General Rate Case (GRC) proceedings to increase consumer electricity prices to ask for an increase in rates on the basis of its total cost of providing service.The…
A NASCAR driver, co-founder of a mortgage lender, interior designers, a former U.S. Senate candidate and Arizona restaurateurs were among the buyers and sellers of metro Phoenix’s priciest home sales in early April.$10,400,000Dark Wash LLC paid cash for a 7,375-square-foot home in north Scottsdale’s Silverleaf community. The house with four bedrooms and 6 ½ bathrooms…
Marine Corps Air Station Yuma, located in the sunny southwestern corner of Arizona, is not only a pivotal base for military training but also a significant influencer on the local real estate market. With its proximity to the base, the city of…
Ethan Erickson Coming off their first losing season since 2007 and off to a slow start this year, the Cardinals are seeing a rare downturn in fan interest, as evidenced by attendance and ticket resale data.Earlier this month, at the completion of the season’s first homestand, the Cardinals saw a five-game average attendance of 34,909,…
Ethan Erickson Coming off their first losing season since 2007, the Cardinals are seeing a rare downturn in fan interest, as evidenced by both attendance and ticket resale data.Earlier this month, at the completion of the season’s first homestand, the Cardinals averaged a five-game average attendance of 34,909, which covered all games on that homestand…
Jon Wilner The penultimate year in the Pac-12 was not a profitable one for the Four Corners schools.Arizona, Arizona State, Colorado and Utah combined to book a $34.1 million operating shortfall in 2023, according to financial reports submitted to the NCAA earlier this year.In reality, the collective deficit was considerably higher.The NCAA allows schools to…
The Arizona Coyotes are officially headed to Salt Lake City. The NHL Board of Governors voted unanimously Thursday to approve a $1.2 billion sale from Alex Meruelo to Utah Jazz owners Ryan and Ashley Smith, clearing the way for the franchise’s move to Utah next season. The deal includes a provision for Arizona to get…
After paying a record-breaking $9.4 million for a 4.96-acre vacant parcel along Billionaire’s Row in Paradise Valley two years ago, Bradley J. Robertson is now listing the property for $15 million.The seller will accept Bitcoin, said David Larchez of Silverleaf Realty, who is listing the property. Bitcoin surged to historic highs last month, making this…
The penultimate year in the Pac-12 was not a profitable one for the Four Corners schools.Arizona, Arizona State, Colorado and Utah combined to book a $34.1 million operating shortfall in 2023, according to financial reports submitted to the NCAA earlier this year. In reality, the collective deficit was considerably higher. The NCAA allows schools to…
Dallas-based Landsea Homes Corp. (Nasdaq: LSEA) just closed on a 14.5-acre parcel in Mesa, with plans to create a gated community with 90 homes. Kennedy Lewis Investment Management, as land banker for Landsea Homes, paid $10.58 million cash to an entity tracing to Arcadia Capital Group for the land, according to Tempe-based real estate database…