The Dealmaker: 10/24/2016

Is Trump vs. Clinton election making some Phoenix homebuyers jittery? Jim Belfiore, founder and President of Belfiore Real Estate Consulting, weighs in. The Republic’s Catherine Reagor notes that “Metro Phoenix’s housing market hummed along during August and September….[T]hen a few weeks ago… [s]ome open houses began attracting a smaller number of buyers. It could be election jitters, say some real estate agents.” Jim Belfiore: “Every national election I can remember, some people in the real estate industry suggest such a slowdown has occurred. Perhaps it is happening now, in a few areas with a certain segment of buyers, but…” Read the article and get Jim’s full take here: http://bit.ly/2f16csa

PARK ‘R SWAP – Legislator calls for land swap or park for Ahwatukee Lakes golf course. Democratic State Senate candidate Sean BowieIn’s proposal was “in response to a questionnaire the Ahwatukee Foothills News sent to all six candidates in Legislative District 18…. ‘The goal of both of these solutions is to maintain the open space nature of the golf course….’ he added.” Others with thoughts on what to do with the “beleaguered… Golf Club”: Bowie’s Republican opponent, Frank Schmuck; Ahwatukee resident, Rep. Jill Norgaard; Republican, Bob Robson; and Democrat, Mitzi Epstein. http://bit.ly/2f9uBvd 

Major Tempe Town Lake biotech campus in the works. “The proposal calls for a five-building campus… on about 18 acres of city-owned land immediately west of the Tempe Center for the Arts…. [This Boyer Company development] would create a hub that would attract businesses working in the technology, medical and biosciences industries with the potential to eventually create several thousand new jobs…” AZCentral reports, however, that “the city first will have to overcome several hurdles…” Find what those hurdles are and check out a shimmering rendering of the proposed project, here: http://bit.ly/2eLshYb

Major Tucson development gets new life. “A 645-acre residential and commercial development south of Valencia Road near Ryan Airfield, which was idled during the Great Recession, has been revived…. CrownWest and… LVA Urban Design Studio, applied for… changes that were… approved by the Board of Supervisors… The Pomegranate… [‘We’re open for a new name. There are no pomegranates out there,’ says Crown West’s Dean Wingert] could have as many as 2,658 homes in an area that county officials say has increasing interest.” More at Arizona Daily Star. http://bit.ly/2dDCcN2

Building boom: Flagstaff adding housing units by the thousands. “The sounds of hammers and bulldozers have become familiar in many parts of Flagstaff, as new apartments, hotels and shopping centers continue to pop up around the city and nearby in unincorporated Coconino County….” This Arizona Daily Sun piece looks at some of the area’s more high-profile projects, from developers Vintage Partners, FMH Enterprises, Chason Affinity Companies, Capstone Collegiate Communities, Navajo Nation Shopping Centers. http://bit.ly/2e4oSCE 

SWEATING THE SMALL STUFF – Micro-apartments: Innovative living or future slums? “Although very much back in vogue, experiments in micro-living have been made several times over the past 90 years, and the results, while fascinating, are not exactly encouraging.” — Newsweek. http://bit.ly/2eCqRAn

Cameron’s $5M + deals of the day – http://bit.ly/2eo8NKS

Twelve Don’t Forgets At The Polo Party November 5th! – http://bit.ly/2dDzQ0T