April 25, 2024 9:54 am
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Texas development group eyes Arizona to build 6 hospitals

By Angela Gonzales | Phoenix Business Journal

Dallas-based Exceptional Healthcare Inc. is poised to invest $150 million to develop hospitals in Arizona, starting with what will be the first hospital to be built in the city of Maricopa.

The company’s plans call for building six hospitals — each with an initial development cost of at least $25 million and would eventually employ about 600 people throughout the state. In addition to Maricopa, Exceptional Healthcare is planning to build hospitals in Prescott and Yuma. It also is considering Kingman, Bullhead City and Flagstaff among other locations.

Read the full subscription story from the Phoenix Business Journal.

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New home sales post solid gain in March

By NAHB Despite higher interest rates last month, new home sales rose in March due to limited inventory of existing homes. However, the pace of new home sales will be under pressure in April as mortgage rates moved above 7% this

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