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‘In Business Dailies’ Most Views Last 30 Days Here are the stories with the most views over the past 30 days (prior to press time) that were features in our In Business Dailies. The In Business Dailies hit email inboxes twice each weekday — at 9:30 a.m. and updated at 4:30 p.m. Sign up today at www.inbusinessphx.com/dailies-signup Leadership & Management | Cover Story | December 2021
21 Top Leaders Who Are Making a Real Difference! by Mike Hunter Each year, we interview some of the Valley’s top leaders to give our readership some insight into what they see in the coming year for business. This year, we asked some hard-hitting questions of 21 top leaders who are truly entrenched in building our economy, developing policy, managing people and growing business through innovations that have demonstrated a real positive
Nomad Launches in Phoenix to Innovate the Long-Term Rental Market Nomad publicly launched the first-of-its-kind two-year Guaranteed Rent Offer in Denver in 2020, during the pandemic. While providing the certainty and ease of guaranteed rent to rental owners and helping guide residents through the depths of the pandemic, the company quickly gained hundreds of properties in less than 12 months. Capitalizing on the momentum, its leadership set their eyes on Phoenix for a few reasons: It is the birthplace of iBuyers like Opendoor, it has a tech-savvy community of customers and it has shown to be an innovative market in the rental space. Before Nomad, Phoenix-area landlords had to choose between doing it all themselves or hiring a third party to handle everything. Nomad provides a distinct new way to manage their long-term rentals, which was born from what the team always wanted as landlords: incentive alignment, flexibility, modern technology and reasonable prices. Working with Nomad is simple: Landlords visit the Nomad website, request a free offer and receive a guaranteed rent estimate within 24 hours. Once Nomad confirms key details about the property, a homeowner can sign a one- or two-year lease. Nomad lists, markets and
leases the property to a vetted resident using powerful technology. Nomad pays its landlords every month, whether it rents out the property or not. Additional characteristics that set Nomad apart from property management companies and DIY management: Nomad maximizes rental income. We are incentivized to earn our landlords as much as possible and use our unique expertise to get them market rent and less vacancy, even in a hot market. Nomad ensures great residents and property protection. Our resident network is well vetted. And, if a resident leaves behind damages over their security deposit, we’ll cover costs up to $10,000. Nomad offers flexible plans. Landlords can take care of repairs and maintenance however they want or they can choose to work with a Nomad partner. Nomad is unlocking economic opportunity for everyone in the long-term rental community: landlords, tenants, property managers and real estate agents alike — and Phoenix is the next frontier. —Matt Thelan, co-founder of Nomad (nomadlease.com)
Phoenix’s 96.3% occupancy rate is above the national average of 95%, according to RentCafe’s 2021 yearend report. rentcafe.com/blog/rental-market
effect on our business community. Growth & Enterprise | inbusinessphx.com | December 17 2021
Famed Tempe Restaurant Sells, Owners Announce Retirement Rick McCartney
Owners Bob and Robin Trick of the iconic House of Tricks restaurant in Tempe, Arizona, have announced their plans to retire in June 2022. The critically acclaimed restaurant has been a Valley favorite for more than 34 years, earning many awards and generating an enthusiastic following. Commercial Real Estate & Development | inbusinessphx.com | November 29 2021
Downtown Phoenix’s Newest and Most High-Profile Residential Building Opens inbusinessPHX.com This week downtown Phoenix will open of one of the
most high-profile buildings in its history — one that pays direct homage to the city’s past while showcasing its bright future. Commercial Real Estate & Development | inbusinessphx.com | December 13 2021
Mattamy Homes to Develop Bonita Ranch Community in Surprise, AZ Mattamy Homes Mattamy Homes, North America’s largest privately owned homebuilder, is pleased to announce that it has closed on another significant land purchase in Surprise, AZ. The 72-acre property, known as Bonita Ranch, was purchased for $10.95 million and is approved for 208 home sites. The deal closed on November 19, 2021.
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