Briefs

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) DAILIES TOP STORIES

‘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 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.

LOOKING GOOD

Local Standouts Recognized for Achievements and Philanthropy

ACHIEVEMENTS

Award for EV Pilot Program

Southern Glazer’s Wine & Spirits of Arizona recently received a Sustainable Options/Corporate Sustainability award from Valley Metro as part of the agency’s annual Clean Air Campaign recognition program. The award recognizes efforts by Southern Glazer’s Wine & Spirits to reduce emissions in its delivery fleet by launching a pilot program to test two electric vehicles in the market. The results included a positive return on the environment, increased driver enthusiasm around sustainability, and the potential to realize 14% cost savings above the status quo. southernglazers.com

Recognitions Fill AvAir’s 2021

AvAir, an industry leading inventory solutions provider for the aviation aftermarket, continued to have impressive growth and reached new milestones in 2021. Early in the year, the company earned the No. 1 position on Airline Economics’ Aviation 100 “Parts Supplier of the Year” rankings. This ranking is judged on several criteria that include parts stocked, clients and number of employees. Mike Bianco, CEO of AvAir also secured a place on the prestigious “CEO of the Year” rankings by Airline Economics’ Aviation 100 awards. avair.aero

PHILANTHROPY

Item 9 Labs Funds Cancer Support

Item 9 Labs went pink by giving green for Breast Cancer Awareness Month! The award-winning cannabis product brand — whose CEO entered the industry after seeing how cannabis helped his mother through the pain during her breast cancer treatments — donated $5,000 to the American Cancer Foundation and Making Strides Against Breast Cancer walk from sales of limited-edition pink boxes sold in local dispensaries throughout the month. item9labs.com

Western Wealth Contributes to Happier Holidays

Western Wealth Communities and Western Wealth Capital (WWC) were humbled to again share the annual Rent-Free Christmas program and provided free rent in December for 58 deserving families – one in each community WWC serves – so they may use those funds to instead create a Christmas/Holiday memory with their family. As part of the program, 14 families in 2021 also received a full Christmas package, including food vouchers, and presents for the entire family, helping lift their financial and emotional burdens. westernwealthcapital.com westernwealthcommunities.com

Drybar Succeeds with Industry-Changing Benefits

Nextgen Television Service ‘Turns On’ in Phoenix

It’s been 10 years since Amy Ross opened her first sunny-looking yellow and white Drybar location in the Valley — the popular blow dryonly hair salon famous for offering glamorous, stress-free “blowouts” to women of all hair lengths and styles. Her sixth franchise location recently opened in Tempe at the Watermark.

While Drybar has continued to grow in popularity over the years, the biggest challenge for Ross during the pandemic has been finding and hiring enough top-notch hair styling talent to keep up with the demand for business growth. In order to recruit the most talented and experienced hair stylists, Ross has recently had to go on a full-blown recruiting blitz. In addition to hiring a full-time recruiter for the six locations and call center, she has built relationships with local Phoenix-area beauty schools to share the benefits of working at Drybar and she also has an active and generous referral bonus structure in place for employees.

Another tactic that has helped Ross in her effort to attract and retain employees is highlighting the fact that she offers healthcare benefits to all full-time employees. Receiving healthcare benefits is not the norm in the hair styling industry and Ross decided it was time to highlight this benefit — and it is a game-changer.

So now, the decision to work full-time for Drybar in Arizona has been made even more enticing. With her many locations offering both part-time and full-time employment, Ross created several stylish, sophisticated salons where hairdressers can enjoy focusing solely on shampoos and blowouts without having to worry about hair cutting or coloring.

Ross’s business philosophy is really quite simple: Happy hair stylists create happy hair clients. And offering health benefits to her full-time employees has resulted in a great deal of employee happiness and retention. —Rachel Brockway

Drybar drybarshops.com

Evoca TV is a totally new paradigm for TV delivery that is less expensive, more efficient and offers a superior picture to legacy providers. Evoca’s patent-pending architecture combines the power of ATSC 3.0 — the technology behind next generation television — with an innovative, hybrid method of using both over-the-air and over-the-top connections for TV services. The Evoca service includes its Scout STB receiver, which decodes the company’s encrypted ATSC 3.0 content as well as existing ATSC 1.0 signals. This allows Evoca to provide hyper-local content to each community it serves.

Evoca provides robust television signals that contain better audio and up to 4K video quality at an affordable price, giving consumers an alternative television choice beyond cable, streaming and satellite. Evoca Learn programming will include a channel called Path, which helps adults discover and try out skill training and job opportunities in conjunction with local community colleges, educational providers and employers. This channel is made possible due to close collaboration with Unmudl to extend their marketplace to a new medium. Evoca’s plans for Path include curating specific content for Phoenix that connects employees with continuing education opportunities.

WHY PHOENIX?

Evoca analyzed markets across the West and identified Phoenix as one that was in need of more TV competition. In parallel, local television broadcast companies used Phoenix as a test market for new NextGen TV services. Evoca saw an opportunity to bring content to the area, which was previously available only via costly cable, satellite or subscription packages. In October, Evoca turned on two additional Nextgen TV stations in Phoenix. Currently, Evoca is working to offer Bally Sports at an affordable rate for the 46% of Phoenix families who lack access to the regional sports network and their hometown teams. —Todd Achilles, CEO and co-founder of Evoca (evoca.tv)