Archive for July, 2008

Arizona architecture dean designing future challenge

Mike Padgett -

Wellington Reiter was up at sunrise today, swimming in his new pool for the first time. It was filled just 24 hours ago. And because his pool is new, Reiter plans to swim 1,000 laps before he leaves his renovated home in Phoenix to become president of the School of the Art Institute of Chicago. […]

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Arizona Real Estate Highlights

Mike Padgett -

July 28, 2008 Phoenix company selling Colorado homesteads The developer of Prescott Lakes and Prescott American Ranch and Wickenburg Ranch is launching sales of sites for custom homes in its first community in Colorado. Phoenix-based M3 Companies is offering 106 sites in its Sandstone American Ranch, a residential development that will be part of a […]

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New home prices nearing bottom in Phoenix

Mike Padgett -

Stability in the prices of new homes in metro Phoenix is on the horizon, but resale prices will continue slipping, said R.L. Brown, publisher of the Phoenix Housing Market Letter. He added that although investors remain active in the market, this time they’re likely using their own money, instead of lenders’, and they plan to […]

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Rags-to-riches venture has book potential

Mike Padgett -

A book idea is buzzing around in the head of Steven Rosenstein, who with his wife Andi have a courageous David-and-Goliath story to tell. It’s about starting a new company with next to nothing and turning it into a multimillion-dollar enterprise. The Scottsdale couple, with one sweatshirt and $500 in the bank, launched their Fitigues […]

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Major New York developer opening Phoenix office

Mike Padgett -

A company that owns, develops and manages key commercial real estate properties across the United States is opening its first office in Phoenix. Rockefeller Group Development Corp. has named Mark Singerman of Phoenix to run the office at 2375 E. Camelback Road. Singerman is joining RGDC as a regional director. His immediate duties will focus […]

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Desert Mountain offering its final luxury home designs

Mike Padgett -

The promoters of Desert Mountain, one of the Southwest’s most luxurious gated golf communities, have saved some of their best for last. Cintarosa Ranch will have 21 sites for custom homes in the gated Desert Mountain community in northernmost Scottsdale. Three custom homes are completed, with prices ranging from $3.1 million to nearly $4.9 million. […]

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Arizona cities could become part of nation’s future ‘heartland’

Mike Padgett -

Mesa Mayor Scott Smith is representing Arizona in Denver this week at a special meeting where he and his counterparts from neighboring states will talk about their states’ futures. The discussion was initiated by a new report released Sunday by the Brookings Institution‘s Metropolitan Policy Program. The 80-page report says Arizona, New Mexico, Colorado, Utah […]

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Aerial photo business shooting for larger space

Mike Padgett -

Even when the Arizona real estate market hits slow times, photographer Jim Todd has a good time. Todd is president of Todd Photographic Services, the aerial photographic company he started in 1990 after the metro Phoenix real estate industry hit the skids. The market is slowing again, though not quite like it did 18 years […]

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Morrison Institute report sparks boyhood memories

Mike Padgett -

One of my best friends in the fifth grade was Hispanic. He and I were good buds. Our fathers worked together on construction projects in Washington state. I remember birthday parties and weekend barbecues at my friend’s home down the street. It seems like my friend and I spent more than just that year together. […]

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New journalism school opening in downtown Phoenix

Mike Padgett -

A new and high-tech world is opening in a few days for 1,400 students and about 60 faculty and staff at Arizona State University. This weekend, ASU’s Walter Cronkite School of Journalism and Mass Communications will be moved from the outdated and crowded Stauffer Hall on the Tempe campus to the school’s new $71 million, six-story […]

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