The Dealmaker: 11/15/2016

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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.
PhoenixMart: The direction is up. “[T]he largest development in Pinal County is finally under real and visible construction. The first 36 tilt-up walls are up. This week another three dozen 24-foot wide by 36-foot high concrete panels will be upright…. 102 panels to go to enclose the 1-million-square-foot building on Florence Highway east of Interstate 10…. Hardrock Construction… takes about 30 minutes to raise a panel.” (That seems fairly fast — maybe Trump should have Hardrock do hiswall!) Get further details and see a pic of the progress, in Phoenix Business Journal

Arizona Coyotes’ plan to build arena at ASU would need support of taxpayers, legislators. “The… Coyotes unveiled a plan Monday to build a new home in Tempe, with the team proposing to pick up half the cost… and taxpayers picking up the balance. The team said it does not yet have any lawmakers lined up to push needed legislation… No ASU officials or lawmakers attended [the]announcement, and Gov. Doug Ducey’s office declined to comment on it.” (Huh??? This announcement seems like the sort that should be filed under: How NOT To Get People Stoked.) Click through for details and images, plus an AZCentral on-camera interview with Coyotes president and CEO Anthony LeBlanc.

THE $63 MILLION QUESTION(S) – Surprise leaders seek new approach after bond’s failure. “The $63 million bond proposal was split between public safety, recreation and transportation projects — nine in all…. Council meetings this year… figure to focus on potential changes to the number of bond questions and bond projects.” Mayor Sharon Wolcott: “[M]any voters… would have preferred to vote on the projects by category, instead of one question. [T]hey wanted more choice about the projects they wanted to pay for.” — YourWestValley.

Pollack’s 5 steps to growth. “WOW!! What a week. The repercussions of the election could be amazing… amazingly good or bad.” This week’s edition of The Monday Morning Quarterback looks at a few of the potential “repercussions” and also features a “straight forward… way to stimulate an economy.” Plus… U.S.: Real GDP, Total Consumer Credit – A Good Sign for Christmas, Consumer Confidence. AZ: Homebuilding Permits, NAHB Housing Opportunity Index, Single Family Listings, Retail/Office/Industrial Markets – Greater Phoenix.

Real Estate 2020: Building the future. “As confidence returns to real estate, the industry faces a number of fundamental shifts that will shape its future…”  How will “the operating landscape for asset managers… change by 2020”?  How can “real estate players… prepare for the challenges ahead and turn them into competitive advantages”? Click through to access the report from PricewaterhouseCoopers (PwC).

The mortgage market is changing fast. looks at market changes in the wake of Donald Trump’s triumph — how the “victory has [already] led to a surge in bond yields and, in turn, mortgage rates,“ and “whether a more bank-friendly regulatory environment is on the way.”

Tiny home living is finding the moment. CNN Money explores the tiny-hometrend — how “[p]lanners and builders are starting to create new neighborhoods and subdivisions where tiny home enthusiasts can live together in towns across the country, including in Texas, Florida and Colorado.” And what would be good names for such communities? Here are a few we came up with: Claustrophobic Colony, Bumping Arms, Cabin Fever Haven, Pardon Me Pines, Confining Place, and When Ya Gonna Be Done In There Estates. Please let us know if you think of any.

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!
Helen Purcell loses Maricopa County recorder race to Adrian Fontes. “[The] attorney and political newcomer… staged a major upset… becoming the first Democrat elected to the office in at least 50 years. For vote percentages along with what Fontes’ campaign did right and Purcell’s did wrong, head to AZCentral.

Tohono O’odham: Border wall between US, Mexico won’t be built on our Arizona land. This, according to a KTAR report. “[T]he tribe’s reservation is split between the U.S. and Mexico and includes about 75 miles of international border…” Tribal Vice Chairman Verlon Jose: “Over my dead body will a wall be built…” (BTW, no truth whatsoever to the nasty rumor that upon being briefed about the news, President-elect Trump replied, “So what you’re saying is that the Vice Chairman basically gave my wall the green light. Fantastic!!”)

Arizona immigration lawyers busy fielding calls from anxious clients. Cronkite News looks at how attorneys “have been flooded with calls… in the wake of President-elect Donald Trump’s victory [and how they are] urging people to avoid rash decisions in the midst of uncertainty.” What kind of “rash decisions”? As one lawyer puts it, “People are considering selling properties for fraction of the cost in case they need to leave the country…”

Governor wants to wait on NFL approval of Raiders move before fast-tracking freeway projects.“[Nevada] Gov. Brian Sandoval… said he wants to take a wait-and-see approach before deciding whether to fast-track… $899 million in freeway improvements to support construction of a new 65,000-seat stadium in Las Vegas…. ‘I don’t want to get too far ahead of ourselves, given there’s still a process on the stadium with regard to the NFL [approval],’  Sandoval said.” Las Vegas Review – Journal has the story along with a couple of awesome renderings of the proposed facility.—>

Partnership with Coyotes announced for the ASU Athletic Facilities District Read more

Tempe Biotech Campus Marketing Assignment Awarded to Cushman & WakefieldRead more

Renaissance Square wins The Outstanding Building of the Year Award 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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November 2016