The Dealmaker: 7/24/2019

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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

Female-led SLM Land Holdings shakes up Valley land industry.(Disclosure: Rose Law Group represents SLM Land Holdings.) Ever since founding partners Smita Patil Mehta, Anita Verma-Lallian and Eileen Jain Sahai formed SLM with the idea of bringing big “land investment opportunities within reach for small investors,” those investors have been lining up around the block to get in on the action. AzBigMedia.

Micro-hotel proposed in Old Town Scottsdale. The project — currently called Lot 10 of Craftsman Court and planned for a site at Third Ave. and Scottsdale Road — would also include condos. More on the project from Mike Sunnucks inRLGR

Scottsdale hotel looking for site plan approval. “A request for a new hotel on .84 acres located near the intersection of Scottsdale and Thomas Roads is once again making its way through the City of Scottsdale’s Development Review Board.” Development details, past and present, in BEX.

New Desert Diamond Casino taking shape. Tohono O’odham Nation’s new casino “will be more than twice the size of the temporary casino that opened there in 2015.” And it’s right on track for a January opening. AZCentral updates on the progress. (Subscriber Content).

2019’s best & worst places to raise a family. Two Valley locales crackWalletHub’s top 10 for the best places to live when it comes to “essential family dynamics, such as the cost of housing, the quality of local school and health-care systems, and the opportunities for fun and recreation.”

Phoenix office Q2 2019 report: Great expectations. After kicking things off with an intro that could give Dickens a run for his money, Colliers Research Director Thomas Brophy goes on to highlight why “the Greater Phoenix office market continues to remain bright in both the mid-to-near-term.” RED News.

High-tech swim school eyes Ahwatukee. Two-time Olympian hopeful Chris DeJong “started a swim school concept in the Midwest that not only is unique in its target market but also for what it does for dying strip malls. Now, he’s bringing his franchise to Arizona — with an eye on Ahwatukee as one of the ideal sites for his Big Blue Swim School.” AFN. 

New Litchfield Park Planning Commission members added. The makeup of LP’s P&Z Commission underwent a few changes last month, with new members, chairman and vice-chair, as well as a new rep elected to the commission’s Design Review Board. Get names in YourValley

‘Mine of future’ expected to energize economies across Arizona. “Global mining company South32 Ltd. is planning a state-of-the-art mine in Santa Cruz County that would uptick economies in the depressed region for decades to come. Called the Hermosa Project, it is projected to be one of the top four zinc producing mines in the world.” Chamber Business News.

The zoning puzzle driving up housing costs in Seattle and San Francisco.“Booming companies have attracted millions of workers to America’s tech hubs, but for all the population growth, the vast majority of these cities are still largely comprised of single-family homes with backyards.” Axios.

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

Rose Law Group Partner and Cannabis Dept. Director Laura Bianchi upbeat about new Arizona cannabis chamber. “Mason Cave, the chamber’s founder and CEO… said his group will weigh in on issues such as expanding to a recreational marijuana state,” reports PBJ (Subscriber Content) • In RLGR, Laura Bianchi sees such groups as a huge plus for individuals and business owners engaged in the cannabis industry. For Laura’s comment and the full PBJ report, tap on.
Rep. Lesko introduces 6 immigration bills to get to ‘root of border crisis.’Saying the border situation has “really gotten to the point of breaking,” U.S. Rep. Debbie Lesko (R-AZ) talks about the bills with KTAR News 92.3 FM
Drone sightings at Arizona airports on the rise. “As the governor and firefighting officials warn the public about drones causing issues for wildfire fighting, airports in Arizona have been dealing with a large increase in drone incidents.” AZ Mirror.

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