The Dealmaker: 11/20/2017

Dealmaker Logo

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 searching for… A brilliant transactional real estate attorney who wants to work on big deals. The comment that a “real estate transactional attorney with between 3-6 years of experience” is a little like finding a unicorn as there is the market reality of that time period, so we are revising that description to just say: Send us your resume if you know transactions, you’re energetic and you’re good at what you do (no matter how long you’ve been doing it). If you know someone (or you are that someone) please send resume in confidence to HR Director, Hslaughter@roselawgroup.com.

Concierge: Rose Law Group in search of… Do you enjoy a little variety in your day? Rose Law Group is looking for a sharp, honest, motivated concierge to run personal errands for our upbeat, fast-paced office! Ideal candidate is a natural-born multitasker, super friendly, resourceful and efficient. Has a clean driving record, owns a vehicle and has valid auto insurance. This is a great position for a college student. Flexible hours M-F/30+ hours a week- must be available during lunch hour. If you know someone, please send resume to HR Director, Hslaughter@roselawgroup.com.

Report: Phoenix multifamily market continues to soar. “[The expansion continues] with strong tenant demand, lower vacancy and rising rents as new communities are brought online.” Get the figures from Colliers International third-quarter report, plus the forecast for 2018 and beyond, at the Reporter. http://bit.ly/2zXeNTQ

300 Class A apartments coming to Chandler. “San Antonio-based Embrey Development Company has purchased the 8.7-acre infill site near Chandler Fashion Center… Plans call for four four-story residential buildings with seven two-story carriage buildings and two amenity structures.” More on “project Riata” at AZBEX. http://bit.ly/2hMFd65

New Arizona law could ease OK for new Fry’s on Tucson’s east side; Rose Law Group founder and president Jordan Rose calls it ‘one of the most impactful changes in land-use law in a decade.’ “The law… adds several procedural requirements for neighbors wishing to formally protest rezoning…” Jordan Rose: “I think the law renewed Arizona’s commitment to the respect of private property rights…” And she has more to say on the new law in this full report on the matter at Arizona Daily Star. http://bit.ly/2mII0yR

Del Pueblo Communities purchases Harper’s Nursery for new development. “The property [located at the SEC Hayden Road & Virginia Avenue in Scottsdale] is currently being planned for a single-family attached development.” Deal details at REDNews. http://bit.ly/2zRz4wz

2017 ULI Arizona Shark Tank catches investor interest but no bites. “Just like the TV show, this year’s sharks [John Graham, Drew Brown, David Bruner and moderator C. Joseph Blackbourn] were quick to smell blood in the water during presentations and did not hesitate to jump in and ask questions about the project’s specifics, schedule, budget, investment returns and pro formas.” Check out the pitched projects at AzBigMedia. http://bit.ly/2AgTlMr

[SLIDESHOW] See some of the big developments in progress around Phoenix. The Stewart project, Edison Midtown, and Overture Kierland… These are among the “biggest projects being developed around the Valley” which are featured in this 11-image slideshow at Phoenix Business Journal. –> http://bit.ly/2zQA8Rf

PITCHING THE TENT? – Scottsdale spends more to keep WestWorld competitive but seeks long-term master plan. “The council approved spending $879,500 more last month, in part to help the growing Barrett-Jackson Collector Car Auction stay ahead of an increasingly competitive market… [Look for improvements] in January, as the city continues to develop a long-term plan [that] should include insights on what to do with the massive tent on the site…” AZCentral. http://bit.ly/2zVMuXF

After dinner: Gilbert and Mayor Jenn Daniels look at how to play their next hand. “Jenn Daniels has been dealt a pretty good hand as Gilbert’s current mayor. The challenge for Daniels and Gilbert — which has morphed from farms and ranches to a suburban bedroom community to a popular restaurant row — is how they play that hand going forward.” Phoenix Business Journal looks at some of the “aggressive patience” the town plans to practice as it “charts its growth course.” (Subscriber Content). http://bit.ly/2jIy0V7

San Tan Valley incorporation group holds open house. “The San Tan Valley incorporation effort has been mired in controversy, confusion and misinformation, with many residents complaining that there has not been transparency or access from steering committee members on the process. Residents got that chance [last week] when steering committee members and other stakeholders held a meeting… clearing up many questions and giving residents a chance to voice their opinions.” San Tan Valley Sentinel. http://bit.ly/2AY5li3 

Council, planners talk Surprise City Center’s future. “Discussion and public comments at the [recent] two-hour event focused on what residents, officials, business leaders, land owners and investors envision for the City Center, an almost-entirely undeveloped parcel of desert scrub encompassed by Bullard Avenue, Litchfield, Bell and Greenway roads… Ideas shared… ran the gamut from arts venues to shopping centers.” YourValley. http://bit.ly/2Af4IV6

Pima County Board of Supervisors amends zoning codes. “At its recent… meeting, the board amended development standards for mixed dwelling and multiple residence zoned areas… The board also approved an amendment relating to rezoning site analysis requirements for new developments water conservation.” Details in Arizona Business Daily. http://bit.ly/2zkhYIf

Prescott considered one of America’s best small towns for Christmas.Describing Prescott as “a place where the West meets the magic of Christmas,” Country Living magazine recently named it as one of “America’s 23 Best Small Towns for Christmas.” (Which raises the question: What would be the best small town for Festivus?) See where Prescott landed on the list and find out when the city first made its mark as holiday “hotspot” — in The Daily Courier. http://bit.ly/2AXj3lA

Watch: Grand Canyon Escalade developer gives Navajo Nation the bird.“The developer from the Scottsdale-based Confluence Partners LLC had been trying for years to develop the Escalade, a gondola tramway down into the Grand Canyon that would start at the edge of the Navajo Nation at the confluence of the Little Colorado and the Colorado rivers… After losing out on [the] $65 million deal, developer R Lamar Whitmer was presumably pretty disappointed.” Phoenix New Times has the story, screenshot, and VIDEO on just how flipping disappointed he was. http://bit.ly/2hFylng

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



As a supplement to the Dealmaker, we thought you might enjoy these articles!

Study finds Arizona seventh-worst in U.S. for cybercrime; Lauren Reynolds, Rose Law Group litigator focusing on cybersecurity, points up ‘taking precautions.’ KTAR: “The study [by ‘Private Tunnel’] showed that more than 60,500 Arizonans reported cyber crimes and those crimes cost the state more than $20 million last year.” With Cyber Monday fast approaching, what can folks do to lessen the chances of falling victim to cyber-attack or cyber breach? Lauren Reynolds: “Such precautions include making purchases from secure and private Wi-Fi networks, not clicking on suspicious email links, using secure passwords and implementing multi-step authentication.” http://bit.ly/2z5PddU

Expert: UA lacks accountability, transparency needed to combat sexual violence. “Concern about the University of Arizona’s training and its refusal to provide details about what it does comes as the school is embroiled in several highly publicized court cases involving allegations of violence against multiple Wildcat athletes and one coach. One prominent case was featured on ABC’s ’20/20’ last week.”Arizona Daily Star. http://bit.ly/2zTyb6I

Is the U.S. on track for energy independence? “Is energy independence a realistic goal for the U.S.? If so, what needs to happen and how quickly might we achieve it?” By Robert Rapier, engineering director at Arizona-based ZHRO Power, in this recent installment of The Wall Street Journal regular feature, “The Experts.” http://bit.ly/2B737Ov

Capitol Link: How Arizona members of Congress voted. Major issues… House: Flood Insurance Renewal (w/ private-sector competition), Hurricane Sandy Claims, $700 Billion for Military, Floor Debate on Dreamers’ Bill, Republican Tax Overhaul, State/Local Tax Deductions. Senate: Steven Bradbury [DOT] Confirmation, David Zatezalo, Mine Safety Regulator [Confirmation], Joseph Otting, Comptroller of the Currency [Confirmation]. Tap through for the Voteramabreakdown. http://bit.ly/2AgwOiL

‘Saturday Night Live’ takes aim at Al Franken, an ‘S.N.L.’ alumnus. Plus an in-studio appearance by AG Jeff Sessions (Kate McKinnon). BONUS sketch: Saturday Night Live went with a double-Trump opening Saturday, but the only Donald present was a junior.” WATCH everything here: http://bit.ly/2zXzbnC

Phoenix Office Market Slows in Third Quarter Read more

First-time Buyers Stifled by Low Supply, Affordability: 2017 Buyer and Seller SurveyRead more

Phoenix Industrial Market Surging with Activity Read more

Share this!

Additional Articles

Top master-planned communities for 2024

By AZ Big Media Here are the Top 10 master-planned communities in Arizona, based on public voting for the 2024 edition of Ranking Arizona, the state’s biggest and most comprehensive business opinion poll. Ranking Arizona

Read More »
News Categories

Get Our Twice Weekly Newsletter!

* indicates required

Rose Law Group pc values “outrageous client service.” We pride ourselves on hyper-responsiveness to our clients’ needs and an extraordinary record of success in achieving our clients’ goals. We know we get results and our list of outstanding clients speaks to the quality of our work.

November 2017
M T W T F S S
 12345
6789101112
13141516171819
20212223242526
27282930