Loading...
You are here:  Home  >  Dealmaker  >  Current Article

The Dealmaker: 10/4/2017

Posted by   /  October 4, 2017  /  No Comments

    Print       Email

The Dealmaker is a daily note of the day’s top real estate stories served just in time for lunch. Bon Appetit! Subscribe here to receive the Dealmaker to your inbox

 

 

 

Paradise Valley Town Council clarifies Ritz-Carlton, Shea Homes zoning. (Disclosure: Rose Law Group represents Shea Homes.) Shea Homes will debut a new high-end brand of housing stock that will appear on a portion of the Ritz-Carlton project where 66 single-family luxury homes will be built. Paradise Valley Independent looks at how PV Town Council clarified some setback questions during its Sept. 28 meeting and reach a unanimous decision. http://bit.ly/2y1ByqQ

Yam Properties seeks six degrees of separation in north Scottsdale. “Yam Properties wants to shift zoning stipulations on about 18 acres — broken into six parcels — from a commercial community designation to a shared development district… The property in question is at the southeast corner of Scottsdale Road and Grayhawk Drive in north Scottsdale and is a part of the Grayhawk Master Planned Community.” Scottsdale Independent. http://bit.ly/2xhoXMc

First-time homebuyers: Your time is now. “Make no mistake: The housing market is still in a squeeze.” But as Trulia senior economist Cheryl Young points out, “it’s not completely hopeless for would-be homeowners… The seasonal swings in listings and prices in the San Francisco Bay Area, Portland, Ore., and even Phoenix means buyers will likely find more homes for sale at a lower price in the fall and winter months.” More from the “recently released Trulia Inventory and Price Watch” in RISMediahttp://bit.ly/2fSdfVs

‘This home has good bones’: What that really means. “As the phrase implies, this house may not necessarily look all that great on the outside, but underneath, it’s in fantastic condition. In short, it’s a diamond in the rough.” Realtor®com details “why you should give homes with good bones some serious attention” and “how to tell if a home’s ‘bones’ are up to snuff.” http://bit.ly/2gaUDgv

THE JOISTS OF A MARKET EDUCATION – Manufacturers educate the market with research. “As some building products manufacturers prove [in this case, Weyerhaeuser and its deeper floor-joist trend], if you educate the market, you can become the market leader.” Builder. http://bit.ly/2yY9h2l

Forestar Group shareholders okay D.R. Horton merger. “[Homebuilder] D.R. Horton has agreed to acquire approximately 75% of the currently outstanding shares of [real estate development company] Forestar… The transaction remains subject to other customary closing conditions. The parties currently expect to close the merger on October 5, 2017.” Builder. http://bit.ly/2xSNhIt

Five Guys, Cold Stone, At Home, Planet Fitness, more headed to Gilbert. “[Capital Asset Management] is working with [developer] Remington Nevada on the 300,000 square foot SanTan Pavilions on SanTan Village Parkway and Williams Field Road. The developers said Gilbert’s demographics attracted them to the area, including a second shopping area near Gilbert and Warner roads.” AZCentral. http://bit.ly/2yJpfwv

Investment in data center properties reach record levels in 2017. (Disclosure: Rose Law Group represents Cloud HQ.) “H1 2017 investment [is] already more than double that for all of 2016… [and] is on track to surpass the total for the three previous years combined… The U.S.’s seven major data center markets [Phoenix among them] saw nearly 88 megawatts of positive occupancy gains in the first half of 2017.” And World Property Journal reports that there’s much more in the Phoenix pipeline. –> http://bit.ly/2xhi421

Loop 101 101: How one man stalled the freeway for 8 years and changed a tribe forever. “In the early 1980’s the eastern leg of the Loop 101 Pima Freeway finally seemed about to happen. The money was there, the project was prioritized, and everyone knew it would run down Pima Road. But there was one teensy little hitch in the form of the Salt River Pima Maricopa Indian Community… led by their heretofore unknown President, Gerald Anton.” By Ken Lynch in The Arizona Report. http://bit.ly/2wy31Nc

Community groups voice opposition to downtown Phoenix zoning changes. “Under the proposed changes, the city would have more space to build public utility buildings. It would also allow for alternative frontages to be approved with just staff review. The changes were met with pushback from the Downtown Voices Coalition, Urban Phoenix Project, Roosevelt Row CDC [among others].” For the groups’ concerns and the city’s response, tap to Downtown Devil. http://bit.ly/2y03mvs



As a supplement to the Dealmaker, we thought you might enjoy these articles!

Supreme Court eyes partisan gerrymandering. “The Supreme Court wrestled Tuesday with a case that has the potential to halt or even reverse an increasingly common phenomenon of American political life: Republicans’ ability to tilt the political playing field in their favor through the tedious task of redrawing district lines.” But Chief Justice John Roberts described one main aspect of the plaintiffs’ challenge as “sociological gobbledygook.” (RELATED: “John McCain urges Supreme Court to ‘return control of our elections to the people,’” in TIME.http://bit.ly/2wwWd2b

Will Lovullo’s boys be Cinderella? “The Rockies and Diamondbacks have played each other 19 times this season. Tonight it’s number 20. The National League Wild Card game.” NBC Sports’ “Hardball Talk” blogger Craig Calcaterra takes a “quick glance at the matchups” for tonight’s game, the storyline for which he says “is going to be all about the glass slipper.” Meanwhile, Dealmaker says: Go D-Backs! http://bit.ly/2kn7Siz

Arizona Wildcats basketball coach Sean Miller says he’s responsible for ‘culture of compliance’ amid FBI probe. Yesterday, Arizona coach Sean Miller made his “first public remarks since assistant coach Book Richardson was arrested last Tuesday” on “fraud and bribery charges.” Read the report and “Miller’s entire statement, as issued through the athletic department,” in Arizona Daily Star. http://bit.ly/2yqejru

Sedona man gets new chance to prove regulators withheld information on smart meters. “In a ruling Tuesday, the state Court of Appeals said Warren Woodward is entitled to have a judge determine whether the Arizona Corporation Commission acted improperly in refusing to disclose some details [‘about a study of the health effects of ‘smart’ meters’ — ‘whether the meters — and the radio emissions they make — can affect residents of the homes where they are installed’].” A Capitol Media Services/Howard Fischer report in Arizona Capitol Times. http://bit.ly/2xYM9lI

Fake news takes the world. “A global war against fake news is raging, and the U.S. — at the center of the mayhem — is being swallowed by it. Tech giants are creating new policies, but fake news still persists. Regulators want them to do better, but they’re nowhere near a concrete policy of their own.” Axios (A tap-through will also get you this RELATED item from The State Press: “ASU’s Cronkite School and Facebook look to increase news literacy.”) http://bit.ly/2yXGV8d

RECALL GALL – South Tucson mayor, council vote to delay their recalls. Yes, you’re reading that correctly: “The South Tucson City Council voted Tuesday night on the date of their own recall election. Mayor Ildefonzo Green and Council members Rufino Cantu, Robert Larribas and Carlos Romo ignored the obvious conflict of interest and voted for a delayed date in March 2018.” Arizona Daily Independent. http://bit.ly/2xYZTgo

Newsmaker BONUS: Rose Law Group’s Jonathan Udell on ABA’s ‘Sound Advice’ podcast. In the American Bar Association’s podcast “Sound Advice,” RLG Class Action attorney Jonathan Udell discusses when plaintiffs in class actions can bring claims involving products that they did not purchase. Listen here: http://bit.ly/2yJ6M35

Final 21 platted and engineered lots at La Canada Ridge in Oro Valley sell for $2.3 million Read more

Studio Ma-designed Great Hearts Academies opens to students Read more

McCarthy Building Companies updates Mingus Union High School Read more

    Print       Email
  • Published: 2 months ago on October 4, 2017
  • Posted by:
  • Last Modified: October 4, 2017 @ 1:45 pm
  • Filed Under: Dealmaker

Leave a Reply

Your email address will not be published. Required fields are marked *

You might also like...

The Dealmaker: 12/14/2017

Read More →