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…
A 77-acre Payson dude ranch with seven homes that’s owned by the Earnhardt family is for sale. The asking price is $5.9 million.The property is at the base of the Mogollon Rim northeast of Payson. It’s named “No Toro Ranch” after the Earnhardt automotive empire’s motto “no bull” and comes with a barn, equestrian facilities,…
The popular discount brand the 99 Cents Only Store announced on April 4 that it would be closing all of its existing 371 locations nationwide.The company said that it would begin preparations to close its doors permanently.The closures will include about 39 locations in Arizona. Liquidation of merchandise will begin this weekend at the stores,…
The $418 million National Association of Realtors settlement over home sales commissions is causing confusion and consternation.Many home sellers think the deal could save them money because they won’t have to pay commissions on behalf of buyers.Some home buyers, particularly first-timers, are concerned they will have to come up with money to hire a real…
PIMA COUNTY, Ariz. (KGUN) — Recreational marijuana sales in Arizona reached a record-breaking $1.1 billion in 2023, according to state reports. Pima County, home to over 20 marijuana dispensaries, collected over $4.5 million in tax revenue from these sales.”The (state of Arizona’s) recreational marijuana program is strong,” said Mike Shew, Operations Director for Earth’s Healing,…
A new study conducted by Construction Coverage notes that the Arizona’s minority homeownership gap is smaller that the national average — with one Arizona city having one of the lowest gaps in the country.The study uses U.S. Census data to compare the homeownership rate of white people with the homeownership rate of minorities across more than…