The Dealmaker: 8/8/2018


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





Cave Creek residents fight to keep sober living home out of the community. (Disclosure: Rose Law Group represents Cave Creek residents.) “Monday, things got heated at a Cave Creek City Council meeting, over the issue of a sober living home,” and Rose Law Group land use and zoning attorney Adam Trenk was there. Adam tells FOX10’s Matt Galka the fight’s not over regarding the town’s approval of this commercial drug-rehab facility that’s smack in the middle of a residential neighborhood. WATCH:

Glendale Planning Commission approves homes across from Kellis HS.However, the commission’s nod didn’t come without quite a bit of discussion “sparked” by “parking issues in the area around the proposed 15.4-acre, 43-lot housing development…” YourValley.

Brown Homes comes to Coolidge. “The home builder has purchased approximately 39 lots in [the McClellan Meadows subdivision].” Mayor Jon Thompson delivered the news — along with a few development details — at last week’s “Mayor’s Breakfast.”  Mayor Thompson also teased about “another home builder” making purchases in the area. Coolidge Examiner. 

Council considers Tempe Crossroads. • NWC of S. Terrace & E. Orange • Two residential buildings — one five stories, one seven • 13KSF of restaurant/retail/office • AZBEX has an image and design details for the Collegiate Development Group project, which itself will be at the ‘crossroads’ tomorrow, as city council is set to render its “final consideration.”

Elevation SanTan apartments to elevate Gilbert. A “highly-amenitized, urban scale for-rent community.” That’s how Vedura Residential describes its new multifamily development, Elevation SanTan, proposed for the “SEC of Santan Village Parkway and Boston Street.” Project rundown and rendering at AZBEX. 

SRPMIC Justice Center earns Architizer A+Award. “The Salt River Pima Maricopa Indian Community’s (SRPMIC) new Justice Center, designed by Gould Evans, was recently selected as a 2018 Architizer A+Awards winner in the Government & Municipal Buildings category.” But a lone photo in this AZRE report only hints at the architectural grandeur of this award-winning building. So when you go to AZRE, be sure to tap on the orange highlighted link. It will take you to the Architizer website and a photo gallery that gives a much better sense of why this is an honor well-deserved.

Maswik South to get much-needed facelift. “New buildings, new amenities and a fresh style update are headed for the southern block of guest rooms at Maswik Lodge.” Grand Canyon News reports on this Maswik makeover, which “will be a complete rebuild” to the tune of “around $20 million.”

Utility bribery case to be dismissed. “On Tuesday, prosecutors filed a motion to dismiss all charges against former Arizona Corporation Commissioner Gary Pierce, his wife, Sherry Pierce, lobbyist Jim Norton and utility owner George Johnson.” Arizona Capitol Times. 

Are Mesa voters in for ballot overload? What you need to know. AZCentraltakes a look at the items on Mesa’s November ballot — “eight local questions totaling more than a half of a billion dollars in school and municipal asks” — and at how the “hefty amount raises some speculation over voter fatigue.”

[OPINION] Barney: Vote ‘yes’ for Home Rule in Queen Creek. Queen Creek Mayor Gail Barney explains why a “yes” vote in the upcoming Home Rule election is much better for residents than a “no” vote, in Queen Creek Independent.

Small businesses are investing with expansions in Chandler. “Intel, Orbital ATK and Rogers tend to grab headlines when they announce new projects or expansions.” But, as Chandler Mayor Jay Tibshraeny points out, “plenty of small companies are also investing in the community.” In San Tan Sun News, the mayor spotlights some of the more “recent successes.”

Arizona GDP grew 2.5 percent in first quarter, ahead of national rate; retail, real estate leading sectors. “That growth rate was the 10th-fastest in the nation for the quarter and put Arizona ahead of the overall national growth rate of 2.2 percent…” Cronkite News takes a closer look at the data, courtesy of a recently released report by the Bureau of Economic Analysis. 

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!

It is time to knock off all the unhealthy nastiness and chill out. Taking a cue from the late, great physicist, Stephen Hawking, Senior Reporter/Writer Phil Riske says it’s time we all dial things down a notch or two, in Rose Law Group Reporter “Growlery.” 

Spinning the data: Politics, confirmation bias, and opioids. In this piece for Goldwater Institute, medical doctors Jeffrey A. Singer and Rafael Fonseca expose the “blatant politicized science” that has “infiltrated research into the emotionally charged opioid overdose problem afflicting the U.S. and many other western nations.”

A Hill of a problem. “After 30 years of covering Congress, David Hawkings has a good idea of how Capitol Hill works — or more important, how it doesn’t — and he laid out five key reasons why Congress is broken.” Under the reason “Map mess,” Arizona redistricting is cited as one non-politician ill in D.C. Roll Call.

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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Cameron’s $5M + deals of the day

Cameron Carter, Director of Rose Law Group’s Transactional Real Estate Department, thinks you need to know about these transactions in Maricopa County. Price: $27MBuyer:  Tides on 19th Partners, LLC

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