$18M sale of some or all of the 11 acre assemblage of land in downtown Scottsdale once planned for a $600M Solis Hotel north of the W hotel and wrapping along the east side of the canal as it extends north from Camelback Road. County records show the parcel sold was a .201 acre site, but unless the highest per square foot commercial sale just happened, the deal included more than that. IMH Financial Corporation foreclosed on the property and formed AZ-Waters Edge LLC, which was the only bidder in the auction of the property and the seller in this transaction.
Lucid lays off roughly 18% of U.S. workforce, COO Marc Winterhoff leaves
June 24, 2026
By CNBC Lucid Group said Monday it is cutting its U.S. workforce by approximately 18% as part of a cost-savings plan. The all-electric vehicle maker said
