The Dealmaker: 10/25/2016

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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.
Rose Law Group Founder, CEO Jordan Rose and Mark Killian, director, Arizona Department of Agriculture, discuss Saudi-Arabian farming in La Paz County on ‘Horizon.’  [Note: Rose Law Group represents Fondomonte Arizona.] Watch here: http://bit.ly/2eBJZj2

FIELD DAY – County extends deal deadline for Chase Field sale. The deadline has been pushed to Jan. 16th, according to Phoenix Business Journal. “The county stadium board had set [a Halloween] deadline to work out a deal with the private group called Stadium Real Estate Partners LLC…” Click through for a brief rundown of the Chase Field drama up to this point, plus see a wide-angle shot of the field (apparently provided in case someone is from another planet and has never seen it): http://bit.ly/2dFOSrC

Cave Creek commission recommends approval for Windmill Village rezoning. “Following two continuances, the planning commission… voted 4-1… to recommend approval of the rezoning [applicant, Ken Madden of Landmark West Builders] for Windmill Village from Desert Rural (DR-89) to Multi-family Residential (MR).” However, as Sonoran News reports, “concerns about traffic” and “too much density” remain. http://bit.ly/2dFM5im

ANOTHER WAY OUT – Economic rebound helps Mesa freeway project get back on track. “[H]igher sales tax revenues [will] pay… for a three-mile expansion of State Route 24…” According to East Valley Tribune, “[SR] 24 would allow Mesa to build a new terminal on the east side of [Gateway Airport]; provide a faster route for residents of Eastmark… ; and give beleaguered Queen Creek and San Tan Valley drivers much better access to larger Valley cities.” Queen Creek Mayor Gail Barney: “[It] ‘will be an economic boon to the East Valley… It will open up another way for people to get in and out’ of Queen Creek.” http://bit.ly/2dG5FGk

Pollack: Overall, not a bad week. “The only bothersome news was related to industrial production….Tucson, according to the data, is doing surprisingly well.” U.S.: Leading Indicators, Industrial Production, Manufacturing Index, Consumer Price Index, Building Permits, Existing Home Sales. AZ: Employment – Greater Phoenix & Tucson, Single-Family Permits – Southern Arizona. All this and more in this week’s edition of The Monday Morning Quarterback. http://bit.ly/2eD94rh

Phoenix council race takes bitter turn — 5 things to watch. “[C]andidates trade barbs and negative ads land in voters’ mailboxes as Election Day gets closer…”  And the “five points of contention that have political observers talking”? (1) Party affiliation relevance (2) Mailers knock DeRose (3) Stark’s pension questioned (4) Residency a question for some (5) Tense runoff likely. Details at AZCentralhttp://bit.ly/2erou6z

Banking leader calls for housing reset, lays out strategies. Mortgage News Daily’s Jann Swanson delivers coverage of the Mortgage Bankers Association Annual Convention and Expo in Boston where MBA President and CEO David H. Stevens addressed national housing policy. He told members that “the upcoming election is an opportunity [to ‘reset the housing agenda’] and pointed to four areas and strategies where MBA has the most credible voice and can lead.” One proposal? A National Housing Policy Director. More on this and the other strategies here: http://bit.ly/2dG9cEE

12 Days Away; 14 Reasons to Enjoy The 2016 Polo Party! – http://bit.ly/2eOG40f

Because you are an informed person, as a supplement to the Dealmaker, we are providing you 3 (sometimes more/less) non-real estate related articles we thought you might enjoy!
[IN-DEPTH] Are voter ID laws dead? That depends. Governing examines the current state of voter ID laws and how [‘despite judges… starting to strike down the laws’], their [ultimate] survival depends on the outcome of the November election.” (Speaking of identification… One way to tell that you might be drinking way too much? If you think it’s necessary to get a fake ID for your newborn in order to breastfeed.) http://bit.ly/2erHsro

A CHALLENGE TO ‘POLITICS AS USUAL’ – Will American voters upend the election process? Governing’s Phil Keialing looks at “some notable citizen-initiated efforts across the country [that] are trying to [dramatically] change some of the most basic rules by which candidates run and are elected.” http://bit.ly/2ernuiV

Arizona took more Syrian refugees than most states, U.S. seeks more. “At least 800 Syrian refugees were resettled in Arizona over the last year, more refugees than all but three states [California, Michigan, and Texas]… Aid organizations in Arizona said they are not concerned by the possibility of more refugees this year.” The same, however, cannot be said for Gov. Doug Ducey, Rep. Paul Gosar. and Sen. Chuck Grassley (among others). Find out why, in Aida Chavez’s report for Cronkite News. http://bit.ly/2eD9nSP

Cleveland Indians deserve the nation’s support. Jordan Rose and Court Rich’s Uncle Bert Stratton — a lifelong Tribe fan — humorously explains why “[t]he Cleveland Indians deserve more fans” than do the Cubbies — and he does so in the Chicago Tribune! (Can’t wait to check out all the “kindhearted” responses that are sure to follow in the “friendly confines” of this article’s comment section.) http://bit.ly/2erIALx

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Demand for Industrial Space Fueling New Construction Read more

New 6,500-Square-Foot Co-Working Space – 1951@SkySong – To Open At SkySong, The ASU Scottsdale Innovation Cente Read more

Mesa Master-Planned Community Cadence at Gateway Launches With First Builder – Lennar Homes Read more

Rose Law Group Reporter, which provides Dealmaker’s content and service, is contracted by Rose Law Group.  Rose Law Group is a full service real estate and business Law Firm practicing in the areas of land use/entitlements, real estate transactions, real estate due diligence/project management, special districts, tax law, water law, business litigation, corporate formation, intellectual property, asset protection, ADA compliance, estate planning, family law, cyber-law, online reputation and defamation, lobbying, energy and renewable energy, tax credits/financing, employment law, Native American law, equine law, DUIs, and medical marijuana, among others.  The views expressed above are not necessarily those of Rose Law Group pc or its associates and are in no way legal advice. This blog should be used for informational purposes only. It does not create an attorney-client relationship with any reader and should not be construed as legal advice. If you need legal advice, please contact an attorney in your community who can assess the specifics of your situation.

Belfiore Real Estate Consulting is Arizona’s leading housing market research firm.  The company couples its surveys of up to 350 new home subdivision sales personnel monthly with resale and public data, as well as the perspectives of leading development, homebuilding, lenders, brokerage, real estate law, contractors, and investors to report on and forecast residential housing market conditions.

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