Saxton Mortgage, LLC Signs Lease at Bay Colony Office II at McCormick Ranch in North Scottsdale 

Bay Colony OfficeCompany to Open First Arizona Office in Northeast Valley Location

Scottsdale, (November 10, 2025) – Saxton Mortgage, LLC.,headquartered in the city of San Diego, CA, has recently leased approximately 8,000 square feet of space at Bay Colony Office Building II, in McCormick Ranch, located at 8767 E Via De Ventura, Scottsdale, AZ. This diverse mortgage company will open its first office in Arizona, featuring partners CEO Trent Ford, SVP Steven Liu, and SVP Samuel Hsu. The new building will house Saxton Mortgage, LLC and is an upscale class “A” office located at the Southwest Corner of Pima Road and Via De Ventura, just west of the 101 Freeway, in north Scottsdale, AZ.

Saxton Mortgage LLC, a privately held company, signed a lease in the 74,852-square-foot building. This new building is poised to house a full service mortgage company, its clientele and the general public. Saxton Mortgage LLC will hire approximately 20 employees with competitive salaries, as well as multiple employees in high-level administration positions. The Scottsdale office will be led by top producers Sean McCann and Hass Bazzi. Plans call for Saxton Mortgage, LLC to take full occupancy next week. .

“The Bay Colony Office Building located in McCormick Ranch was a perfect location and a great fit for Saxton Mortgage and its employees,” says Greg Hopley, executive vice president and branch manager with Colliersin Arizona. “This new location for Saxton Mortgage LLC will provide the company and its employees direct access to major retail amenities, hotels, residential communities and a variety of freeways, all in the Northeast Valley.”

Hopley and Dillon Hopley handled the lease transaction on behalf of Saxton Mortgage and the landlord,DRL Corporation.

“We are excited to have our company, Saxton Mortgage coming to our new office here in Scottsdale” said Senior Vice PresidentSteven Liu. “This outstanding location along the 101 Freeway in north Scottsdale and the renowed McCormick Ranch, is a win-win for our company. We are thrilled to be here in the City of Scottsdale and operate our same business model we successfully operate in San Diego. We plan to provide high quality jobs and join the many other outstanding corporations that have also selected Scottsdale as an ideal location for business.”

Scottsdale is rapidly expanding its commercial core and is home to other large companies such as Fender, PF Changes, Republic Services, Ameriprise Financial, Vanguard, Carlisle, US Bank, Prudential, Store Capital, BMO, Harris Bank, Colony Starwood Homes, BOK Financial, Axway, and Choice Hotels.

Trent Ford, CEO of Saxton Mortgage, LLC says, “We immediatley fell in love with the location and business environment of our new office in Scottsdale. Saxton Mortgage plans to recruit, hire and train new employees to perform and reflect the extremely high standards that Saxton Mortgage abides by for our clientele, employees, and the general public.”

Saxton Mortgage, LLC is planning to have its grand opening/ribbon cutting event on November 10th for its clientele, located at 8767 E Via De Ventura, Suite 300, Scottsdale from 12PM to 3PM.

Greg and Dillon Hopley will also handle the continued expansion for Saxton Mortgage, LLC, throughout the US.




Denny’s Sells All 1,341 Locations to Private Equity Firm in $620 Million Deal

Denny's

(November 10, 2025) — In a major restaurant industry shakeup, Denny’s Corporation has sold its entire portfolio of more than 1,300 locations to a consortium of private equity investors for a reported $620 million. The buyers include Treville Capital, TriArtisan Capital Advisors, and Yadav Enterprises.

The move effectively takes the iconic diner chain private, marking the end of its long run as a publicly traded company. Analysts say the sale marks both a restructuring opportunity and a potential turning point for the brand, which has struggled with declining traffic and frequent store closures in recent years.

Under new ownership, Denny’s is expected to streamline its operations by simplifying the menu and eliminating underperforming items, thereby reducing food and labor costs. The investment group also plans to consolidate management systems and reestablish consistency across the chain’s operations. While some long-struggling restaurants may close, approximately 50 new Denny’s locations are projected to open nationwide in 2026.

Founded in 1953 as Danny’s Donuts in Lakewood, California, Denny’s evolved into one of America’s most recognized 24-hour diner brands. The acquisition signals confidence among investors that a leaner, privately held structure could revive the company’s growth trajectory in the years ahead.




Beale Infrastructure Will Pursue 100% Renewable Energy for Planned Pima County Data Center and Commits $15 Million in Community Investments

Beale Infrastructure

Tucson, ARIZONA (November 7, 2025)Beale Infrastructure (“Beale”) has announced a major sustainability and community investment initiative for its planned data center project in Pima County’s Southeast Employment and Logistics Center (SELC). Beale is committing to match 100% of energy use at its Pima County data center with renewable energy and to invest $15 million in Pima County to support local education, workforce development, and long-term community growth.

Beale’s commitment to pursue 100% renewable energy for its Pima County data center is a significant additional investment and reflects the company’s dedication to sustainable infrastructure development. To achieve this, Tucson Electric Power (TEP) will serve the data center through an energy supply agreement, and Beale will seek to accelerate the development of new renewable energy resources for TEP’s grid that produce enough energy to match 100% of the data center’s energy consumption—at the data center’s cost. As these new projects come online, the commitment to 100% renewable energy will be fulfilled through the purchase of renewable energy credits (RECs). Achieving 100% renewable energy not only reduces the project’s lifetime carbon emissions but also supports Pima County’s Climate Action Plan and broader regional goals to pull forward the delivery of new renewable energy generation.

The community investment initiative will launch with a $5 million scholarship fund designed to support STEM education and trade school training in Pima County, positioning local students and trade professionals to thrive in high-demand technical careers. The fund aims to empower the next generation of technical talent in southern Arizona and to foster local economic opportunity through educational investments.

An additional $10 million will be allocated in future phases of the project for community benefit projects identified in collaboration with Pima County leadership. These investments will be tailored to local priorities and will provide long-lasting benefits for county residents, such as digital equity investments and fiber infrastructure expansions.

Beale plans to finalize the acquisition of the Pima County property at the end of the year and subsequently begin construction, marking a significant milestone for southern Arizona investment and development.

The project’s initial phase is expected to bring $3.6 billion in capital investment during its multi-year construction. It is expected to generate $152 million in tax revenue over 10 years, with $58.5 million allocated to Pima County and $93.5 million to the State of Arizona. The construction phase is expected to create 3,000 jobs, prioritizing local union and trade labor, with 180 permanent data center campus jobs to be established by 2029. The data center will utilize an air-cooled design, eliminating the need for water for cooling. Water from an Arizona Department of Water Resources (ADWR) approved source will be used to supply domestic needs, including bathrooms, as well as fire suppression systems.

“Beale Infrastructure’s commitments to renewable energy and additional community investments demonstrate how economic development projects benefit our community beyond the billions in capital investment and job creation the company has already pledged,” said Joe Snell, president & CEO of The Chamber of Southern Arizona. “Beale’s focus on identifying community benefits projects, such as those supporting STEM education and trade school training, will further regional efforts to strengthen the talent ecosystem in Pima County and boost our regional competitiveness.”

Union leaders expressed support for the project’s commitment to hiring local workers.

“Beale Infrastructure’s data center project will create thousands of critical, good-paying construction jobs with benefits vital to working families in southern Arizona,” said Michael S. Dea with LiUNA Local 1184. “The apprenticeship opportunities present real-world training experiences for those coming up in the ranks in our industry. These benefits will strengthen the surrounding communities for years to come.

“This project will create a strong pipeline of long-term, good-paying jobs for Apprentice and Journeyman Union Carpenters in Southern Arizona,” stated Fabian Sandez with the Western States Carpenter Union and president of Local 1912. “A project of this scale demands precision, skill, and safety—qualities that trained union carpenters bring to every job. This project represents an opportunity to build the future of southern Arizona, raising the standard of living for families through stable jobs, fair wages, and quality benefits that come with a career as a union carpenter.”

“We’re proud to invest in Pima County and to support local workforce training and commit to pursue 100% renewable energy for our first data center project in Arizona,” said Brendan Gallagher, senior vice president at Beale. “This commitment reflects our belief that sustainable development and community investment must work hand-in-hand to create lasting value and opportunities for the region.”

“Beale’s investment in Pima County’s digital infrastructure is about more than technology—it’s about opportunity,” said Ted Maxwell, president & CEO of Southern Arizona Leadership Council. “In addition to expanding access and digital equity, the new workforce development fund will help grow local STEM talent and strengthen the region’s innovation economy.”

Catch our full discussion with Tony Burkart in the Trend Report this month.