The Dealmaker: 01/24/2019

Phoenix approves Talking Stick Resort Arena renovation! (Disclosure: Rose Law Group represents the Phoenix Suns.) The Phoenix City Council has approved the arena renovation proposal by a vote of 6-2. Thank you Phoenix City Council, for all your support! (Also see: Rose Law Group land-use & regulatory attorney Thomas F. Galvin’s Twitter-feed of the hearing.)

Phoenix City Council approves $230 million Phoenix Suns arena-renovation deal. AZCentral reports on yesterday’s council vote approving the Talking Stick Resort Arena renovation deal that will keep the Suns playing in downtown Phoenix “through at least 2037” — with comments from Suns owner Robert Sarver. http://bit.ly/2R7MvNn

City Council approves $230 million deal to renovate Phoenix Suns arena.More on the city’s approval of renovations for TSR Arena, in PBJ. http://bit.ly/2FZ0cwi

How Suns secured arena deal. A closer look from PBJ at how the Suns were able to rally support and “get the city of Phoenix to go in on a deal to give Talking Stick Resort Arena a $230 million facelift.” (Subscriber Content) http://bit.ly/2DvGMxp

Chris Brozina named CEO of Mark-Taylor Companies. Congratulations to Chris Brozina! As the new Chief Executive Officer of Mark-Taylor, Brozina will oversee Mark-Taylor Residential — which has more than 17,000 luxury apartment units in Arizona and Nevada — Mark-Taylor Capital, Mark-Taylor Inc., Mark-Taylor Development and Mark-Taylor Collections. More on Chris Brozina and his new role with the multifamily firm via the news release in RLGR. http://bit.ly/2RdXsgc

Is East Valley running out of room to build? Opportunities for MPCs “[no longer] exist in Chandler or Gilbert [and] we’re running out in Mesa, too,” says Fulton Homes President Norm Nicholls. But a “lack of large parcels” doesn’t mean Fulton, Mattamy, Meritage and others are hitting the homebuilding brakes; they’re just heading down a different road — toward “parcels of land at major intersections.” AzBigMedia. http://bit.ly/2Mv9AJ1

KB home, Lennar bullish on the housing market in 2019. Lennar Executive Chairman Stuart Miller, KB Home CEO Jeffrey Mezger, and CNN business reporter Paul R. La Monica on why “Fears of a housing market downturn may be overblown.” (via Builder) http://bit.ly/2HvUPH0

Roosevelt Row parcel sells for $2.2M. • A 21,000 sq. ft. parcel • At 811- 817 N. 3rd St. • Transaction details, property aerial, and whispers about what purchaser True North may have planned for the property • In AZRE. http://bit.ly/2FM36VB

5-year Scottsdale building permit snapshot highlights steady real estate trends. Scottsdale Independent hammers out building permit stats, 2014 through 2018, with insight on the data’s yearly “ebb and flow” from Scottsdale’s Director of Development Services, Michael Clack. http://bit.ly/2G1E04i

Globe City Council declines its share of CAP water. “While the Globe City Council voted unanimously last week to decline its share of extra Central Arizona Project water, it nonetheless plans to revisit the issue soon.” Head to Silver Belt for a recap of recent “lengthy” talks that led up to the council’s unanimous vote. http://bit.ly/2T8Gamp

In the rush to join the smart home crowd, buyers should beware. “[B]uzz and hype are putting pressure on smart device makers to rush their gadgets into the market while demand is hot — and sometimes, this means security features take a back seat… And cyber criminals are watching.” The New York Times. http://bit.ly/2TcGQHI

Laura Bianchi, Rose Law Group Partner preparing to compete in the National Kidney Foundation of AZ’s Dancing with the Stars in just one month! Laura is putting in the work to master her (first ever) ballroom routine and raise funds for the National Kidney Foundation of Arizona. Dancing with the Stars Arizona 2019 will be held February 22 at the JW Marriott Camelback Inn, but you can get an inkling of what could be part of Laura’s routine  — perhaps a high kick? — by tapping through and checking out her VIDEO. http://bit.ly/2UixfPP

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