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
Nate Nathan: What’s behind new growth and housing demand. Where is LEGENDARY real estate dealmaker Nate Nathan doing and seeing deals around metro Phoenix? More like, where ISN’T he seeing deals! The industry veteran and Nathan & Associates president brings us up to speed in this report from Mike Sunnucks at RLGR. http://bit.ly/2Fklq6G
HEMP TIME! – Omar Abdallah, Rose Law Group attorney handling hemp-related issues, addresses hemp application time frames. When is the deadline to submit an application to deal with hemp in Arizona? Omar Abdallah has the info in RLGR. http://bit.ly/2L2oZls
Maracay named No. 1 company to work for in Arizona. For Maracay, “excellence in the workplace” has resulted in excellence on The Republic’s 2019 list of Top Companies to Work for in Arizona, as the homebuilder notches the No. 1 spot. A look at Maracay’s award-winning culture, with remarks on the honor from President Andy Warren, in RED News. http://bit.ly/2Y05ayH
Michael Lafferty wants to bring $70M workforce housing development to Pinal. (Disclosure: Rose Law Group represents Michael Lafferty.) The Lafferty Development president is eyeing “20 acres on Highway 87.” So what kind of project does Michael Lafferty have in mind and who are the workers that would live there? Mike Sunnucks has the details in RLGR. http://bit.ly/2Ko2pEg
Want two bedrooms in AZ? Better work two jobs. <- That according to the National Low Income Housing Coalition’s latest annual study.” So how many minimum-wage hours would Arizonans have to put in to afford a two-bedroom at $1,105 per? New Times breaks it down in this report on the study. http://bit.ly/2RnFtWj
Cities start to question an American ideal: A house with a yard on every lot. “Single-family zoning is practically gospel in America, embraced by homeowners and local governments to protect neighborhoods of tidy houses from denser development nearby. But a number of officials across the country are starting to make seemingly heretical moves.” NY Times. http://bit.ly/2WQFraE
Finding opportunities when military bases close. “Real estate developers are looking at abandoned bases for large projects like warehouse and logistics centers.” The NY Times checks out one such repurposing project, and it’s right here in the Valley: SkyBridge at Phoenix-Mesa Gateway, formerly Williams Air Force Base. http://bit.ly/2x6gM7K
Opinions sought on plans for 498-acre Peralta Regional Park near Gold Canyon. The park is “a great addition to the area and we’ve made it very primitive on purpose [because of its ‘stargazing component’],” says Pinal County Sup. Todd House. Folks are urged to get their comments in ahead of Friday’s deadline — and that’s exactly what two residents do in this AJI report. http://bit.ly/2WPRzZp
Visualizing Varney: Historic Peoria neighborhood recognized. “The Varney Tracts are two platted subdivisions named for William L. Varney and Lena J. Varney.” In the 40s, the couple created “one of the earliest subdivisions in the area.” Now, Peoria has recognized the neighborhood as “historically and geographically significant.” YourValley. http://bit.ly/2N89Rpw
The 50 States of Construction: Arizona contractors benefit from pro-business policies. A ConstructionDIVE Q&A with Arizona Builders Alliance President Tom Dunn on the state’s construction boom and the policies fueling it. http://bit.ly/2Kta2JM
As a supplement to the Dealmaker, we thought you might enjoy these articles!
Click here for 2019 Arizona Legislative News
[COLUMN] HOA demands extra cash for solar panel review. “[S]ome homeowners associations say they have a right to charge residents a fee so they can review the plans for new solar panels. How much is too much for a homeowners association to demand?” By columnist Tim Steller in ADS. http://bit.ly/2Fhrk8f
