Our friends at Rose Law Group are looking for… A highly motivated, detail oriented and brilliant transactional lawyer with three or more years of experience in real estate and corporate transactions to join their busy transactions team. Please email resumes to rpineda@roselawgroup.com.
Amazon makes first investment in a homebuilder. Alexa? How do I get into homebuilding? CNBC reports Amazon’s Alexa Fund has “invested in Plant Prefab, a Southern California company that says it uses sustainable construction processes and materials to build prefabricated custom single- and multifamily houses.” —> http://bit.ly/2DuQNg0
KB Home fiscal Q3 earnings exceed expectation. • Orders up 3% • Deliveries rise 8% • Backlog flat • Full breakdown in Builder. http://bit.ly/2xPfsGd
Unfinished Loop 202 expansion sparks development. “Where the $1.7 billion South Mountain Freeway will go is, ‘projected to have some of the greatest growth in the Valley.’ ” AzBigMedia reports that “Land values along the [SMF] corridor have risen ‘substantially’ since construction started,” with developers having started “plans for a new wave of multifamily projects” in the Laveen area. http://bit.ly/2R0oHMo
Broken GDLE subdivision becoming niche apts.“A site in Glendale at 59th Avenue and Butler Drive that has sat only partially developed for 40 years will be reborn as a niche apartment community under a proposal by Visiquest Properties…” Development history, latest project plans, plus a drone’s-eye shot of the site, at AZBEX. http://bit.ly/2zwx9wb
Embattled Frank Lloyd Wright house listed for $12.95M ‘as is.’ (Disclosure: Rose Law Group represents Peter Sperling, Craig DeMarco, Andy Ogan and Jim Furcini in preserving the residential historical character of Arcadia.) This news about the David and Gladys Wright House has been grabbing quite a few housing-market headlines recently. This report by Forbes features some great pics of the place, including impressive interior shots. So check it out! http://bit.ly/2Q5stmq
[VIDEO] First Place Phoenix provides housing options for special populations. “First Place Phoenix, a $15.4 million facility, has opened, ushering in a new era of housing options for special populations, especially autism.” Watch at AZCentral. http://bit.ly/2Ocjp1N
Landlords and tenants battle it out in Tempe over affordable housing.Arizona Mirror reporter Jerod MacDonald-Evoy looks into the business practices of one local landlord who, according to MacDonald-Evoy, “has garnered a reputation in Tempe for his willingness to evict or even sue tenants,” making him “far from beloved” by many of those he rents to. http://bit.ly/2Q8wW7M
Driftwood breaks ground on Canopy by Hilton in Tempe. Located across the street from ASU, the 198-room hotel is slated to open by January 2020. News-release details along with a shot of shovel-ready dirt turners at AZRE. http://bit.ly/2ORJsZr
Phoenix takes steps toward a more pedestrian friendly downtown.“Phoenix this summer opened a ‘more walkable’ area along First Street just south of Roosevelt.” Footers can expect to find wider sidewalks, more shade, and a bit of road dieting. Cronkite News via Arizona Daily Sun. http://bit.ly/2N2n5P3
Pinal supervisor gives update Arizona City road projects. Pinal County Supervisor Anthony Smith filled folks in on “current and upcoming road projects,” while Economic Development Manager Tim Kanavel updated on “new job opportunities set to come to Pinal County with companies like Nikola Motors, Lucid Motors and Stevertson Screens.” For a recap of this “Sessions with the Supervisor” meeting, tap to Arizona City Independent. http://bit.ly/2xEru64
Pro-light rail extension group holds last rally before council session.“Build South Central Coalition held a final rally outside City Hall to advocate for the project. Former Mayor Greg Stanton, mayoral candidates Kate Gallego and Daniel Valenzuela as well as other community activists were in attendance.” Downtown Devil. http://bit.ly/2DxFZOe
10th Annual AZ DealMakers – January 11, 2019. Don’t miss out on the BIGGEST homebuilding industry event for real estate forecasting and analysis, featuring the best speakers in the industry, including Rose Law Group founder and president Jordan Rose and Lennar division president Alan Jones. Plus, Belfiore Real Estate Consulting president Jim Belfiore provides an Overview on Housing. For the full list of speakers & panelists, along with registration info for Arizona Housing: Growth, Its Costs, Challenges & Opportunities, tap on! http://bit.ly/2LAvclq