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The Dealmaker: 1/5/2017

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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.
Chinese media mogul a Lucid investor. “Jia Yueting founded his internet technology company, known as LeEco [the “Netflix of China”], 12 years ago and has built it up into a media empire.” So what is the extent of Jia’s “financial… ties” with Lucid? Pinal Central’s Kevin Reagan explores this as well as Jia’s possible financial involvement with two other electric car projects. http://bit.ly/2iTJjVO

Glendale responds to “unfairness” complaint from businesses. And what do business owners find so ‘unfair’? They say they are “disappointed in the way the city markets itself… that] certain businesses receive more publicity than others.” However, according to this report inThe Glendale Star: “If you are one of the disappointed downtown business owners, there may be good news coming.” http://bit.ly/2jelpaQ

New businesses coming to NW Valley. Glendale, Peoria, Surprise, Sun City — check out “recent economic developments in [these areas] and [the] prospects for 2017,” in YourWestValley. http://bit.ly/2iF4g9e

DEALMAKER SHOUT-OUT – Congratulations Supervisor Steve Miller elected Chair of the Pinal County Board of Supervisors, and Supervisor Pete Rios, elected Vice-Chair!

An inside tour of Ivanka Trump’s new home in Washington, DC. Realtor.com® “take[s] you on a virtual tour of Trump and [Jared] Kushner’s new [‘six-bedroom, seven-bath’] home [‘in the upscale neighborhood of Kalorama’].” Not to oversell this tour, but one of the top dogs here at Dealmaker HQ predicted that “this mind-blowing article and the spectacular images that accompany it are sure to dazzle our entire readership!’” (Well, actually his words were: “This should get some clicks.” Basically the same thing, right?) http://bit.ly/2j80nGS

Housing value at record high: Will buyers be able to keep up? At RIS Media, Zillow Chief Economist Dr. Svenja Gudell weighs in on the “continuing growth in prices [that] has the potential to push more prospective homebuyers to the sidelines.” http://bit.ly/2hUQtfx

Mortgage applications plunge 12% end-of-year. But it was refi apps that really took a nosedive. Get application volume details, plus see what Mortgage Bankers Association chief economist Michael Fratantoni has to say about the sharp drop, at REALTORMag. http://bit.ly/2j87eQo

Get ready to love where you work: Rose Law Group is hiring a Commercial Litigator – http://bit.ly/2hRxUZH

Try something different, the Greatest Arena Polo Party and Collector Car Auction is almost here – http://bit.ly/2hQWqoN
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] 13 issues for states to watch in 2017. Budgets, immigration, Zika, infrastructure, and pot are among the “the biggest policies and problems [that] legislatures will confront this year.” But to collect all 13 “policy issues and problems,” click to Governing. http://bit.ly/2iM0hZ2

$3.6 million federal grant jump starts opioid awareness efforts in six counties. “The [Arizona Department of Health Services] is focusing on six counties: Gila, Maricopa, Mohave, Navajo, Pima and Yavapai… based on overdose hospitalization rates and other data on prescription drug abuse…[T]he money [will be used to] improve awareness among the public and medical communities about the dangers prescription drugs pose…” Further details on the “awareness campaigns” and “the prescription drug epidemic,” in Cronkite News  http://bit.ly/2iTRGAy

In Trump’s America, GOP states proceed cautiously optimistic. ”[GOP state policy makers] have no choice but to keep a close eye on the early burst of legislation coming out of a new regime as revolutionary as Trump’s.” Governing’s Alan Greenblatt explores ”the changes being contemplated in Washington, especially on taxes and domestic spending, [that] could cause real fallout for them.” —> http://bit.ly/2iTzk2u

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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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© 2024 Rose Law Group Reporter

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, data breach/privacy law, 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.