The Dealmaker: 10/24/2018

Seeking Family Lawyer (2-5 years). Rose Law Group is looking for an attorney with 2-5 years of experience practicing family law to add to their Family Law Team. Ideal candidate is smart, confident, proactive, and has strong written and verbal communication. Please send resumes to Hopi Slaughter at hslaughter@roselawgroup.com.

How do Opportunity Zones work? “To help further clarify what Opportunity Zones and [qualified opportunity funds] are, and how the associated tax benefits work, NAHB has provided answers to several of the most common questions on the subject.” —> http://bit.ly/2Jejeye

PulteGroup Q3 net rises on revenue gain. Closings up • Orders rise • Backlog gains • The full financial breakdown in Builder. http://bit.ly/2O2MW9W

12 Gilbert families evicted as landlord plans renovations, rent hike. While some residents at the Elm St. & Cullumber Ave. complex were given “50 days” to move, which is “more time than legally required,” the landlord “appears to be ousting at least one family with a long-term lease.” And THAT “could be in violation of state landlord-tenant law,” AZCentral reports. http://bit.ly/2R6toU4 

Average rent prices in 70 Phoenix metro neighborhoods right now. Extremely low? Relatively affordable? Or scary high? Find out at Phoenix New Timesin (what seems like) a never-ending list of October’s average rents for studios, one- two- and three-bedroom apartments throughout Phoenix, Mesa, Chandler, Gilbert, Glendale Scottsdale, Tempe, and Peoria. http://bit.ly/2SfuRcg 

Flying car landing pads: Just one of the latest trends in luxury amenities.Forget such creative amenities as personal trainers, celebrity-driven restaurants and microbreweries. This futuristic, high-flying lux feature envisioned for the Paramount Miami Worldcenter tops them all! And, as the VIDEO’s closing caption in Forbesteases, “It’s closer than you think.” http://bit.ly/2qbpUEB

Scottsdale Fashion Square marks renovation milestone. “Mayor Jim Lane and City Councilmember Virginia Korte, along with notable retailers, Macerich executives and Kitchell representatives” were all there for last week’s renovation celebration. Coverage and pics in Scottsdale Independent. http://bit.ly/2PToEB4

Metal manufacturing for Mesa. “Project Jasmine… will be built on an 8.5-acre property located south of both McKellips Road and of Falcon Field Airport on 48th street, in the ‘Business Park’ district of the city.” View the rendering and get design and development details for the Blue Water Group project (including info on “planned tenant” BEMO USA) at AZBEX. http://bit.ly/2ApmYdf

MONEY BALL – Gilbert spends millions to reopen Big League Dreams as Cactus Yards. “Gilbert spent $42.7 million to open the youth sports facility in 2008 and abruptly closed it more than a year ago citing safety concerns.” AZCentralreports that the “town is spending money to renovate the facility” and plans to open it as Cactus Yards on Feb. 9. http://bit.ly/2CEFGz1 

Holly Street Studio transforms iconic Phoenix College building. “The 59,000 SF project transformed an outdated, inward-turning, classroom building — known as ‘Building C’ — into a teaching facility for chemistry, physics, geology, astronomy, and engineering.” The official unveiling isn’t until Nov. 1, but AzBigMedia has a two-image sneak peak of the “$12.4 million” redo. http://bit.ly/2ELK0iL

McCarthy awarded $20M Chandler parking garage. McCarthy Building Companies Inc. will start work next month on the “five-level, 293,000-square-foot parking garage.” With “a minimum of 930 parking spaces,” the new garage in “bustling downtown” is expected to dramatically reduce the prevalence of the oft-uttered parking-lot query, “Are you leaving?” More in AZRE. http://bit.ly/2ApHZ7A

Committee picks new Surprise planning commissioner. “City leaders last week appointed Scott Krous to fill the vacancy on the Surprise Planning and Zoning Commission…” For a brief bio on new Commissioner Krous, tap toYourValley. http://bit.ly/2O5mE7n

The Best Polo Event in the World is Coming to Scottsdale in Less Than Three Weeks – http://bit.ly/2Rf2MAD

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 Meritage Homes Chairman & CEO Steven J. Hilton and Christopher Todd Communities CEO Todd Wood. Plus, Belfiore Real Estate Consulting President & Founder 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 

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

Arizona pilot program meant to boost vaccination rates backfires. Cap Media Services’ Howard Fischer reports on a “pilot program” that was “designed to increase vaccination rates among Arizona children,” but “ended up having the opposite effect” — in Arizona Cap Times. http://bit.ly/2D1keoZ

Environmental group promotes fake ‘Clean Water Team’ for CAP water board. “An environmental group has branded four Arizona candidates for the board of the Central Arizona Water Conservation District as the ‘Clean Water Team.’ The problem is, the 15-member board does not deal with cleaning up water.” New Times. http://bit.ly/2yZu6LK

Money awarded to plaintiffs In the NFL concussion settlement is evaporating. “A bureaucratic morass has made it nearly impossible for the ex-players and their families to navigate the settlement, and even the ones who have made it through are running into trouble.” Deadspin. http://bit.ly/2ReQsAl