The Dealmaker: 2/6/2019

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




Cameldale Estates in P.V. will offer homes starting at $5.7M. • 11 estates • Lots 1.03 to 1.22 acres • Homes from 6,000 sq. ft. • At Invergordon and Luke • By BedBrock Development in assn. w/ Drewett Works and Ownby Design • Presented by The Karas Group • AZRE has further details • Plus a short video not to be missed, showcasing Cameldale Estates and backed by a dazzling number from bluesman Tinsley Ellis.

Toll Brothers wins award for Rio Verde home design. “The Rio Verde was a Silver finalist for Best Outdoor Living Space” in NAHB’s The Nationals 2019…. Toll Brothers also won two other Silver Awards for The Pradera at Toll Brothers at Whitewing in Gilbert.” What for? Find out in The Fountain Hills Times.

Home prices in the 100 largest metro areas — an interactive guide.Curious about the affordability index for Phoenix and Tucson? Or the kind home-price changes these and 98 other major metros have seen since bottoming out? Feel like having a bit of interactive fun with this and other home-price data? Then tap on to Kiplinger!

ASU at Mesa City Center aims to be world-class hub for digital innovation. The “centerpiece” will be a “five-story building” at Pepper and Centennial Way. It’s expected to “draw more than 750 ASU students, faculty and staff.” ASU President Michael Crow calls it “a place with everything digital you can possibly imagine.” ASU Now has the overview.

The stories that defined Apache Junction, Gold Canyon in 2018. AJ Independent takes its turn looking back at big news that grabbed its headlines in 2018. Among the top stories: Annexation of Gold Canyon into Apache Junction, “water needs for the community,” and Pinal County transportation tax for new road projects.

Cactus Yards baseball venue making EV debut Saturday. Seems like everything is new again at the Gilbert-owned sports facility formerly known as Big League Dreams. With a new name and operator, new grandstand fixes, along with a new maintenance-and-repair budget and other new stuff, this home to a scaled-down replica of New York Yankee Stadium is expecting “3,000 to 5,000 people” at its new “opening-day ceremonies.” Get the news in EV Tribune.

Drivers to use stretch of future South Mountain Freeway for first time.“By 5 a.m. on Feb. 11, both directions of Pecos Road traffic from 17th Avenue to an area west of Desert Foothills Parkway will be diverted onto the freeway’s future eastbound lanes.” KTAR has details along with a large vanishing-point snapshot of the view drivers can expect to take in while motoring along the freshly paved 2-mile stretch.

Floodplain administration: Tusayan enters agreement with county flood control district. “The agreement requires the town to design flood mitigation measures to restore water conveyance and storage that existed on the property prior to construction work completed at the [Ten X development] site.” Info on the agreement’s other “key requirements” in Grand Canyon News.



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

Click here for 2019 Arizona Legislative News

Desperate to give up opioids, patients flock to 24/7 methadone clinic in Phoenix. (Disclosure: Rose Law Group represents Community Medical Services.) AZCentral looks at Community Medical Services’ “bursting-at-the-seams methadone clinic” at 23rd Ave. & Northern, and how the “surge in patients” has the company “adding locations to handle the demand.” backers to meet in Tucson about the effort to start building a border wall without federal funding. “With Congress refusing to pony up the $5.7 billion Trump has demanded for the project, his allies are now plotting to kick off construction with private money and private land.” The story in POLITICO.

Court declares state law to limit minimum wage initiative illegal. “The state Court of Appeals has slapped down efforts by Republican lawmakers to block local governments from mandating that private employers provide workers with even more fringe benefits than required by state law.” A Cap Media Services/ Howard Fischer report. in AZ Cap Times.

Do Republicans or Democrats run your city? “The bill would require cities and towns to print a candidate’s party affiliation next to their name on the ballot, starting with the 2020 election cycle. Tucson is currently the only municipality, among Arizona’s 91 cities and towns, that holds partisan contests.”AZCentral. 

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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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February 2019