The Dealmaker: 10/14/2016

‘TACTICAL’ ALERT! – Body armor maker building new HQ plant in Peoria, hiring 125 new workers. “LGE Design Build has started building [TYR Tactical’s] new… 76,000-square-foot headquarters and manufacturing plant… on 91st Avenue near Loop 101 and Olive… TYR makes body armor for the FBI, DEA, U.S. Secret Service, SWAT teams in Scottsdale, Peoria and Glendale as well as the Emergency Service Unit in New York City and police in Boston, Dallas and the Royal Canadian Mounted Police.” Further details plus rendering in Phoenix Business Journal. http://bit.ly/2dcv4fo

EAST SIDE STORY – Arizona State to delay east side renovation of Sun Devil Stadium by one year. Sun Devil Source reports that “ASU will… demolish the east side of the stadium following the 2017 season and rebuild it from scratch… Work on the [‘three-phase, multi-year $268 million’] project… is now expected to be completed by the start of the 2018 season.” (Note: Although this article mentions “making the stadium even better than originally planned” with “terrific amenities” and “unprecedented solarization,” we scoured it for some specific explanation for the delay, but we were unable to find one. Maybe you’ll have better luck?) —> http://bit.ly/2dZS1AZ

Mesa Master-Planned Community Cadence at Gateway launches With First Builder – Lennar Homes. “Lennar will build one neighborhood consisting of 68 homes… near the southeast corner of Ellsworth and Ray Roads. Lot sizes will be 43’ x 125’, with homes ranging in size from 1,800 to 2,900 square feet. Lennar’s parcel is adjacent to the community’s Tupelo Park…. Tupelo offers a large covered ramada, covered picnic areas, barbeques, shaded children’s play equipment and large grassy areas just a short walk from residents’ front doors.” Click through toRose Law Group Reporter for further details, including Lennar’s ‘NextGen® – the Home Within a Home’ – plans” at Cadence. http://bit.ly/2dZS2EV

Immigrants are closing gap in homeownership. According to Trulia “[h]alf of immigrants in the country owned homes last year, compared with 66% of U.S.-born residents, the smallest gap between the two groups in the past two decades…” Trulia’s chief economist Ralph McLaughlin comments on his firm’s study and reveals “[t]he main reason immigrants are catching up” — in USA TODAY. http://bit.ly/2dQ4hDA

THE HPPI MOVEMENT – Homeowners get better at perceiving home values. “Homeowners are still placing too much value on their homes, but they are getting closer to the appraised value, according to the Home Price Perception Index… [September marked] the third month in a row that the HPPI moved closer to agreement between homeowners and appraisers…. In some areas of the country, however, appraised home values actually came in higher [while in other ‘markets… they came in “significantly lower”] than what homeowners estimated.” Find out where, in HousingWire. http://bit.ly/2dpGLy0

Dealmaker BONUS: The Trump Effect: Is his presidential bid hurting his real estate? Realtor.com looks at whether or not The Donald’s “scorched-earth campaign and its many controversies [is the] culprit [behind] a 13.8% fall in the number of sales nationally in the roughly two dozen U.S. properties listed on the Trump Organization’s website in the first six months of 2015 compared with the first half of 2016….” http://bit.ly/2e7AjKl

Cameron’s $5M + deals of the day – http://bit.ly/2e7BZTW

The 6th Annual Bentley Scottsdale Polo Championships is only 3 weeks away! – http://bit.ly/2dcx4Eu