Arrowpoint Realty, Inc. was established by Michael Novotny and Phillip Denaro in April, 1985 as a Phoenix-based, full-service real estate company, for the purpose of marketing a new subdivision on Arrowhead Ranch, in nearby Glendale.
Michael bought out partner Phil within the first year, and changed the focus of the new company with an especial emphasis on services for investor-clients, such as 1099 exchanges, leasing and property management. Still within the first year of operation, the company moved to Scottsdale and has been there ever since.
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