Archive for August, 2008

Dispatches from Ireland: Days 10 through 16

Mike Padgett -

Aug. 28, 2008 The pungent scent of peat is in the air today. The brisk wind off Galway Bay is filled with waves of mist. But the cool, windy and thoroughly gray day has little impact on tourists and shoppers in downtown Galway. Umbrellas and hooded jackets are everywhere. Rainproof covers are on the backpacks […]

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Signs of recovery showing in metro Phoenix housing market

Mike Padgett -

Despite the stormy economic times, and the gloomy reports from some uninformed quarters, “the housing market in metro Phoenix remains a glass well more than half full,” says R.L. Brown, publisher of The Phoenix Housing Market Letter. In an economy struggling “with some really serious problems as well as being challenged by low consumer confidence,” […]

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Dispatches from Ireland: Days 5 through 9

Mike Padgett -

Aug. 22, 2008 The war must be over. The ship is gone. Love our driver’s humor. We passed the harbor in Galway, where one day earlier we saw an Irish naval ship docked. It’s gone now, so the war must be over. We arrived in Galway on Monday, Aug. 18, after a drive across Ireland […]

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Arizona Real Estate Highlights

Mike Padgett -

New funding for Tempe condo towers The developer of Tempe’s tallest building has signed an agreement with a lender that in June filed its Chapter 11 papers in U.S. Bankruptcy Court. The agreement signed by Avenue Communities LLC, developer of the luxury high rise Centerpoint Condominiums, and Mortgages Ltd. includes a financing package totaling $75 […]

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Dispatches from Ireland: Days 1 through 4

Mike Padgett -

Aug. 17, 2008 I was sure another cute little beagle would nab me, like the one in Australia on the customs officer’s leash in 2006. That beagle at the airport sniffed my luggage, sat down and turned its eyes to its handler, the cue that I was the bad guy. How was I to know? […]

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Phoenix business community honors ASU’s Duke Reiter

Mike Padgett -

The business pipeline between Phoenix and Chicago, created generations ago by Windy City retirees wintering in Phoenix, and by the Chicago Cubs training in the Arizona sunshine, has grown a little wider. Wellington Reiter, the former dean of the College of Design at Arizona State University, pointed out the Chicago-Phoenix pipeline during his reception Aug. […]

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San Diego group buys central Phoenix apartment property

Mike Padgett -

A private capital group in San Diego is the new owner of a central Phoenix apartment complex across the street from the Phoenix Country Club. ColRich paid $5.2 million to the seller, Newcastle Investments of Phoenix, for the Executive Plaza Apartments at 550 E. Earll Drive. The garden-style multifamily property is across Seventh Street from […]

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Metro Phoenix’s future light rail linked to region’s past

Mike Padgett -

Tom Crosser studies the aging black-and-white photographs of his father, Thomas Crosser. They were taken in Phoenix in February 1948, about three generations ago, when the city was at the brink of major growth after the end of World War II. One of the photos shows Crosser’s father standing between two other men. They drove […]

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Want to improve your workplace culture? Be truthful and honest

Mike Padgett -

One of a company’s top employees is big in mouth and small in character. He goes off task to yuk it up with colleagues at their cubicles, imposing his thoughts on their time. He makes personal phone calls from his desk. He criticizes colleagues, supervisors and customers behind their backs. He fails to forward messages […]

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Washington state homebuilder entering Arizona’s luxury market

Mike Padgett -

A homebuilder active in Washington state for more than 40 years is entering Arizona’s luxury home market. Chaffey Homes is busy with two projects in Carefree – Tranquil Trail Estates, which will offer seven luxury homes, and Almarte, a custom duplex development with 24 homes. Grand opening for its Tranquil Trail model is November. The […]

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