The Dealmaker: 8/17/2018

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

 

 

 

 

New Phoenix housing tract will complete Ball Park Boulevard for Glendale. (Disclosure: Rose Law Group represents Mattamy Homes.) The Glendale Star with more on Phoenix City Council’s recent approval of Mattamy Homes’ “new 67-acre, 207-unit housing development” near Camelback Ranch, including further details on the homebuilder’s hand in the Ball Park Blvd. extension. Jordan Rose: “This road extension will remove traffic from 107th Avenue and it will allow betterflow of traffic to the stadium on days of events.” http://bit.ly/2MzCM4e

McSally, Caliber tout opportunity zones; O-Zones work! says Rose Law Group founder and president Jordan Rose. U.S. Rep. Martha McSally and Caliber President, COO and Co-Founder Jennifer Schrader toured the revamped GC Square Apartments on Wednesday, showcasing the West Camelback Road community as “an example of a project that can be developed in an opportunity zone.” — AZ Business Mag. Jordan Rose: “We have certainly spent the last many months advising on the opportunity zone vehicle. It is not enough to identify the land but rather a careful analysis of the vehicle and timing are crucial. The Zones have spurred reinvestment across the country which I think was the goal. It worked!” http://bit.ly/2PgHeDt

Most expensive homes for sale in Arizona. Arizona Foothills Magazinepresents its “top ten homes FOR SALE in Arizona” — lavish places from Scottsdale to Wickenburg, pricey enough to cause even someone like Paul Manafort to balk. http://bit.ly/2OITnjc 

Most expensive home sales in Phoenix. (But probably viewed as mere sheds by sellers of the homes in the preceding piece!) Arizona Foothills Magazine top home sales, 8.6.18- 8.12.18, totaled “over $19 million,” SLIPPING $1 million from the previous week. Clerestory windows, an iron staircase, and a triple island sink are among the hard-to-spot features in this installment. http://bit.ly/2Pilbwc

Design spotlight: Dancing Light. A “floating roof canopy” that’s “comprised of tectonic-like forms inspired by local geology and monsoon cloud formations.” This haboob-influenced feature is just one of the many award-winning standouts in this 5,600 sq. ft. PV home designed by Kendle Design Collaborative. View the snapshots in Arizona Foothills Magazinehttp://bit.ly/2BlrgVL

A new home for $90,000? Manufactured housing is making a comeback.Bloomberg looks at a “handful firms” — including Phoenix-based Cavco Industries — “that are poised to benefit from a nascent comeback for manufactured homes, shipments of which have been on the rise since 2009.” http://bit.ly/2nNqHKG

Club West, Lakes plans heading to a final end. Wilson Gee says he’s “99 percent sure” that he will get both of these courses back. With a “trustee sale of both sites” just around the corner, Gee talks with Ahwatukee Foothills News about the courses — their pasts, and prospects for their future. http://bit.ly/2PjjcYA

VanTrust Real Estate completes 117K SF Chandler Corporate Center. “Developed by VanTrust on 11-acres [350 N. McClintock], the Class A office project was constructed by Layton Construction Company and designed by Butler Design Group.” Details and photo of the finished product at AZREhttp://bit.ly/2MD9PnM

Texas Instruments to build $29M facility in Tucson, add 35 high-paying jobs. Two weeks ago we had news on a proposed development dubbed “Project Treasure” in the Williams Centre at Broadway and Craycroft. At the time, the name of the company involved was cloaked in secrecy. Mystery solved! As the Arizona Daily Star headline above indicates, TI will “build a three- or four-story office building on the last vacant parcel in the Williams Centre.” http://bit.ly/2vTaZlD

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


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. http://bit.ly/Court_RichTwitter 

 

 

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


The ramifications of APS decision not to spend on Corporation Commission primary; Court Rich, Rose Law Group senior partner and director of Renewable Energy Department, says don’t think the utility won’t spend in future elections. By sitting “out the Republican primary race for two open ACC seats,” Arizona Public Service “leaves itself vulnerable to unfriendly newcomers and a commission willing to take another crack at retail electric deregulation.” But does it signal a total end to political spending by APS? See what Court Rich has to say. (RELATED, also from AZ Cap Times: “Dem gubernatorial candidates deplete cash as primary nears” and “Mass subpoenas to be tested in challenge to energy measure.”) http://bit.ly/2vYLPlR

[OPINION] A two-pronged strategy to deal with Trump’s ‘fake news’ cries. Senior Reporter/Writer Phil Riske in RLGR, on the approach news outletsshould take in the fight against the Trump administration’s “propaganda to discredit (real) news.” (RELATED, in The New Yorker: “Donald Trump’s ‘Fake News’ Tactics.”) http://bit.ly/2PiacTi

Who will be your next council member? Phoenix plays politics with appointments. “The last time the council appointed an interim member — just two weeks ago — chaos erupted. Now, some council members are considering a change to the appointment process as the council prepares for another appointment next week.” AZCentral. http://bit.ly/2vMfD4X 

Mayors, legislators join suit against clean energy proposition. Buckeye Mayor Jackie Meck, Mesa Mayor John Giles, Gilbert Mayor Jenn Daniels and “two state legislators” have “signed on as plaintiffs on the lawsuit that challenges” the Clean Energy for a Healthy Arizona ballot initiative.” West Valley View. http://bit.ly/2vOW1wO

Are super-nerds really ruining U.S. sports? “Jayson Werth [Nationals, Phillies] is the latest athlete to complain that data and analytics are taking the joy out of sports.” A MINI-RANT on the matter comes courtesy of former MLB pitcher “Goose” Gossage. Here’s the cleanest snippet from his otherwise expletive-laden comment: “The game is becoming a freaking joke because of the nerds who are running it.” Read the report in The Guardian. http://bit.ly/2OK7S6p

Hate in America. “News21 investigates a growing climate of hate in the United States through analysis of national crime victimization data and on-the-ground reporting by 38 reporters in 36 states.” (Wonder if they interviewed Goose Gossage? See item above.) http://bit.ly/2MXmbEu

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