The Dealmaker: 8/14/2018

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





\WESTMARC helps West Valley create a recipe for success. Featuring more cooking- and food-related mentions than a Guy Fieri-fest, AZRE feasts on ingredients that have gone into making the West Valley “a competitive force in attracting skilled labor, new business and unique entertainment opportunities.” KEY TOUT: “Mesa and Phoenix isn’t competition for the West Valley… Austin, Seattle, and Denver are who we compete with now.”

Kingman: New home sales slow as prices creep into “bubble” territory.Local and national housing-market insight, courtesy Angle Homes founder Doug Angle, Kingman Remax Realtor Mike Wagner, and reporter Hubble Ray Smith — in Daily Miner

1 in 4 homes are ‘equity rich.’ How does Arizona fare? While 25 percent  of homes nationwide are “equity rich,” a new report from ATTOM Data Solutions also finds that one in 10 remain “seriously underwater.” REALTORMag has ATTOM’s pop-up data for “underwater” and “equity rich” cities and states, so click on to get your heat-map kicks!

The Realtors’ last hurrah. This report in Forbes looks at a new “wave of companies” that is “emerging to compete more directly with legacy real estate brokerages” — “a new type of real estate startup that is finally breaking the traditional broker’s stranglehold on the home buying-and-selling process” — and leaving consumers as the “biggest winners.”

Nevada creates ‘connections’ with historic I-11 first-phase opening. “The $318 million project at the Nevada-Arizona border is the first step to connect Las Vegas with Phoenix and eventually create a major trade route between Mexico and Canada.” Coverage of last week’s grand-opening celebration of I-11’s first 15-miles in The Wickenburg Sun.

Sundt ranks No. 68 on employee-owned company list. “In 1972, Sundt established an Employee Stock Ownership Plan (ESOP) and today, the company is 100 percent employee-owned.” It’s an employee-ownership program that has earned Sundt a spot “on the National Center for Employee Ownership’s Top 100 largest majority employee-owned company list.” AZRE. 

Pollack: Good economic news continues. “But, some of those pesky imbalances that will ultimately create problems are now starting to appear,” says the Monday Morning Quarterback. Does that mean we’re on the verge of a “major” down cycle? Indicators to keep an eye on, along with data for these ‘Snapshots’ —> U.S.: Producer Prices • CPI  • Consumer Credit. AZ: Home Prices.

Meet the Apache Junction mayor, council candidates. “Running for Mayor are incumbent Jeff Serdy and Councilman Dave Waldron. The candidates for three open seats on the City Council are current Council members Gail Evans and Christa Rizzi and challengers Robert Schroeder and Walker Waldie.” The meet-and-greet was held last week, and AJ News was there.

Cameron’s $5M + deals of the day – 

Don’t miss anything… follow multiple winner of the Arizona Republic’s tweet of the week contest, and Senior Partner at Rose Law Group and Director of RLG Renewable Energy Department, Court Rich. 



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

At defense bill signing, Donald Trump praises Martha McSally, but not John McCain. “President Donald Trump praised Rep. Martha McSally Monday, who is seeking the Republican nomination for the hotly contested U.S. Senate seat in Arizona.” However, no mention of ailing Sen. John McCain at the signing ceremony, even though the bill is named in his honor. AZCentral.

Remove the G L from Glassman and you get … good publicity? Corporation Commission candidate Rodney Glassman took to the airwaves last week to comment on the “Seinfeld”-like defacing of his campaign signs. His response to the vandalism was FIRST-CLASS — and that includes the letters “C” and “L.” AZCentral.

Inside Arizona’s latest clash over renewable energy targets. “All the parties are wrestling with what Arizona’s future should look like, and whether that future should be guided by utilities and regulators, voters and consumers, or all of the above.” GreenTechMedia.

[VIDEO] Go behind the scenes at amazing Phoenix Children’s Hospital.KTAR News 92.3 FM and 98.7 FM Arizona’s Sports Station are teaming up this week to raise money for Phoenix Children’s Hospital… Here is a behind-the-scenes look at five [Give-A-Thon funded] programs that help make the facility such an important part of the community.”

The scientist who scrambled Darwin’s tree of life. “How the microbiologist Carl Woese fundamentally changed the way we think about evolution and the origins of life.” The New York Times Magazine. 


New custom homes at Talking Rock – Outlaw series Read more

Pulte meets East Valley housing demand with pre-sales at Cadence Read more

$5,056,000 multi-family land transaction In “Washington Street Corridor” Read more

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