The Dealmaker: 10/28/2016

Notre Dame Prep fires football coach Mark Nolan amid AIA violations and appeal hearing; Jordan Rose, who represents the parents in this matter, responds. AZCentral: “Scottsdale Notre Dame Prep football coach Mark Nolan was fired and athletic director Monica Barrett suspended on Thursday ahead of its appeal hearing Friday afternoon by the Arizona Interscholastic Association’s executive board.” Jordan Rose: ”Notre Dame was highly responsive to the parents and did the right thing to save the kids’ football dream [of participating in post-season play]… Notre Dame listened to the parents’ complaints. Parents are grateful. The bad actors are gone. Now, they hope to get a Hail Mary [today] from the AIA.” Full story and any late updates here—> http://bit.ly/2eZPCo0

ASU survey: Phoenix commercial real estate slow to recover, but long-term outlook optimistic. “The current survey [from the W. P. Carey School of Business/The Fall Brokers Forum Report] shows only 88 percent believe the market is moving in an upward direction. Couple that with the question, “Where are we in the cycle?” — where only 52 percent of respondents believed the market was in an expansion mode — and it is clear that uncertainty and cautious attitudes remain.” The Center for Real Estate Theory and Practice has the full report. http://bit.ly/2eDRtSx

5 new Phoenix apartment, condo projects under construction. “The residential building boom continues in Phoenix, from urban apartments to houses targeting first-time homebuyers… from midtown to [the] north.” The Republic’sBrenna Goth looks at five “new housing projects [from Evergreen Development, Liv URBN, Shea Homes, Empire Residential, and Kaplan, respectively].” In AZCentral. http://bit.ly/2eN5Mlg

Downtown Chandler booming into a Valley hot spot. The Republic’s Chris Coppola explores how “[n]ew restaurants and bars… in the heart of downtown…. [have made it] more than a quaint place for locals… [how] it has become a hot spot for great food, beer and fun.” Here’s a couple of choice quotes from folks in the area: “It’s kind of gone from a hokey-pokey feeling to a more modern feeling”; “Before, there was nothing to really keep you here. Now there’s too many choices.” Click through for the full story, which includes details on more “growth [that’s] coming.” http://bit.ly/2eDTQ7M

LOCO-MOTION? – Opponents of Loop 202 construction lose motion.“[U.S. District Judge Diane Humetewa] in Phoenix has denied a motion for an injunction to stop construction on the Loop 202 South Mountain Freeway.” And based on this Republic news brief, the ruling sure doesn’t sound like it gives freeway opponents much hope of prevailing with any future motions, so much so, that it would seem crazy for opponents to even try. http://bit.ly/2dPg5Z8

After hitting a 51-year low, homeownership rate on the rise. “The homeownership rate edges back up… amid tentative signs that renter families are starting to gain the confidence to buy homes.” For info on how “significant” the third-quarter “jump” was, and to get numbers on household formation, along with what Trulia’s chief economist Ralph McLaughlin said is “the big reason to be optimistic,” click through to The Wall Street Journal. http://bit.ly/2fnLqm3

Dealmaker BONUS: Bordow: AIA should rescind Notre Dame’s probation. AZCentral’s Scott Bordow on the whole Notre Dame fiasco — from the school’s initial violations, subsequent denials and penalties imposed as a result, to this week’s suspensions, firings, and, finally, an appeal that may allow the school to participate in next week’s playoffs. Bordow: “None of it needed to happen…. [But] now that Notre Dame finally has, for lack of a better term, fessed up, [the AIA SHOULD] let the kids play.” http://bit.ly/2fePsOr

Cameron’s $5M + deals of the day – http://bit.ly/2eVk6cp

One Week Until One-Of-A-Kind Polo Party – http://bit.ly/2eDVeaz