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The Dealmaker: 6/11/2019

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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

Q&A: Tony Lanese of Shea Homes. (Disclosure: Rose Law Group represents Shea Homes at Azure in Paradise Valley.) Tony Lanese says he was “destined to work” in the homebuilding industry. So how did he get his start? And now that he’s made a career out of it, what’s his favorite project and what does he say is currently trendy in the industry? Tony’s answers to these and other homebuilding queries in AFMhttp://bit.ly/2Wy7xfw

Queen Creek considering Ashton Woods’ plans for 166 homes at Spur Cross. QC P&Z on Wednesday could take action on Ashton Woods’ plans for Spur Cross at Signal Butte and Ocotillo. Reporter Mike Sunnucks previews some of the design elements P&Z will be considering — in RLGRhttp://bit.ly/2IAtfpy

State-by-state economic impact of real estate activity. What is the total economic impact of real estate-related industries on the state economy? How much revenue is generated by a single home sale in Arizona? NAR crunched the numbers and delivers the heat-map results. http://bit.ly/2F5IaHf

Phoenix looks at the future of Sky Harbor International Airport. With City Council expected to be briefed today on $5.7 billion in potential long-term projects at Sky Harbor, reporter Mike Sunnucks briefs us on a few of the construction and development projects that could be in store, in RLGR. http://bit.ly/2KHmYuJ

Keimach finds new home at helm of the Town of Paradise Valley. Jill Keimach officially stepped into role of PV town manager on May 20, taking over from interim Town Manager Brian Dalke. Get to know Jill Keimach and find out what drew her to Paradise Valley — and the town to her — in this PVIprofile. http://bit.ly/31AgV1g

Scottsdale gas facility may make money for the city. Outfitted to convert methane into “usable natural gas,” the new 91st Ave Wastewater Treatment Plant in Tolleson could earn money not just for Scottsdale, but also Phoenix, Glendale, Mesa and Tempe “while benefiting the environment at the same time.” Scottsdale Progress. http://bit.ly/2WEg3K8

Chandler moving closer to two new downtown restaurants. The two restaurants would take over space once occupied by Modern Margarita and La Bocca Urban Kitchen location, both of which closed back in 2017 due to fire. More info in this RLGR report by Mike Sunnucks. http://bit.ly/2X2Gnx0

South Mountain Freeway construction advances along 59th Avenue. “The Arizona Department of Transportation is keeping momentum moving forward on the state’s largest freeway project ever,” says ADOT spokesperson Dustin Krugel, who delivered a construction progress update to KTAR News 92.3 FM. http://bit.ly/2KbugaR

Pollack: Imbalances. “It’s late in the game and some [economic] imbalances are becoming more evident. But the game is certainly not over yet,” reports TheMonday Morning Quarterback, who hits us with these mixed-data Snapshots -> U.S. • Employment • GDP • Productivity • Credit • Mortgage Rates • Construction Spending. AZ • Active Listings & Resale Numbers – Greater Phoenix. http://bit.ly/2KGs5vf

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

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Mesa Mayor John Giles hopes Mexico tariffs don’t come to pass. “Giles and mayors from more than 130 cities in the United States, Canada and Mexico were invited to the inaugural North American Mayors summit in Los Cabos, Mexico last weekend.’ That’s where “the tariffs kind of took over as the main topic of conversation.” KTAR. http://bit.ly/2IFqDH4

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