The Dealmaker: 2/8/2019

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




Fulton Homes unveils models for Lakeview Trails in Gilbert. (Disclosure: Rose Law Group represents Fulton Homes.) Three distinctive models • Six customizable floor plans • 1,600 to over 3,100 sq. ft. • A closer look at Lakeview Trails at Morrison Ranch, with remarks from CEO Doug Fulton • In AzBigMedia.

Report: Arizona’s apartment industry is a major economic driver. “The total annual economic output activity… would equate to hosting over 10 Super Bowls each year.” Leave it to Elliott D. Pollack & Company (aka, The Monday Morning Quarterback) to toss in a football reference its new report, Arizona Apartment Analysis, conducted on behalf of the Arizona Multihousing Association. Catch report highlights and tackle Pollack’s full 48-page analysis via AzBigMedia

Phoenix senior housing may become cheaper apartments. “The city is contemplating demolishing a small senior-housing apartment complex just south of [I-10] at Third and Moreland… But the 60 seniors who reside at Deck Park Vista fear where this plan will leave them.” AZCentral.

Hampton Inn coming to Easy Street. “The same group of investors put forward, and then withdrew, a plan to bring a Hampton Inn to Cave Creek appeared before the Carefree Council with plans to put a Hampton right across from the sundial.” Sonoran News has brief rundown of the Feb. 5 meeting.

Sales of Phoenix industrial properties surged 33% in 2018. <—That is the big takeaway that kicks off this report on the local industrial market. Here’s another “The Greater Phoenix industrial market is expected to remain strong during 2019, despite some growing pains that come with increased inventory.”  More takeaways and data at AZRE

Tourism dollars important to Pinal, according to study. “Pinal County’s economy realized $691.5 million in tourism-related spending” in 2017, per a report from Dean Runyan Associates. How that visitor spending breaks down, plus insight and commentary courtesy of Elliott D. Pollack, BOS Chairman Mike Goodman, Economic Development Manager Tim Kanavel, and Supervisor Pete Rios — in Casa Grande Dispatch.

County seeks proposals for commercial development of Kino South. Pima County is seeking “statements of interest from the nation’s development community to build lodging, dining, retail and sports entertainment facilities” at the Kino South Sports & Entertainment Complex. “The commercial properties would be on the west side of the project.” Details, including the Conceptual Site Plan and info on how to submit those statements, at REDNews 

Cameron’s $5M + deals of the day –



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

Click here for 2019 Arizona Legislative News

‘SHAMEFUL’ BAZTA! – Phoenix mayoral candidate fuming over flyer calling police, lobbyist support ‘blood money.’ “The flyer is titled ‘Daniel Valenzuela Takes Blood Money’ and on one side shows Valenzuela’s face on a $100 bill with a blood-stained handprint.” Valenzuela’s campaign calls the Bringing Arizona to Action (BAZTA) flyer “shameful” and “absurd.” His opponent, Kate Gallego, isn’t a fan of the flyer either. AZ Mirror.

Unintended consequences loom over voter list purge measure. “Under SB 1188, anyone who doesn’t vote in either the primary or general elections for two consecutive election cycles would be removed from the [Permanent Early Voting List], though they would still be registered to vote. At least that’s what the sponsor’s intent was.” Arizona Mirror.

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February 2019