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
Jordan Rose tapped for Phoenix Business Journal Leadership Trust. Congratulations to Jordan Rose! The Rose Law Group founder and president is among a select group of six top-notch executives invited to share their experience and insights via the Phoenix Business Journal Leadership Trust. http://bit.ly/2MmYw3l
Chandler tech firm partners with Keller Williams for national home iBuyer program. (Disclosure: Rose Law Group represents Offerpad) “Keller Williams’ iBuyer that had been launched in May — known as Keller Offers — is teaming with Offerpad to quickly scale the instant home offer service.” PBJ. http://bit.ly/2z6qveZ
Traffic impact gets new emphasis in Maricopa planning. “In reviewing two developments [Anderson Farms subdivision and the Sonoran Creek marketplace], the city’s Planning & Zoning Commission may have caused staff to draw a new focus on traffic impact in future.” InMaricopa. http://bit.ly/33u7LEi
New apartment complex on Coolidge’s Main St. gets green light. P&Z has approved a proposal for “Avanti on Main,” a duplex-style multifamily project on a 36,000-square-foot site located at 725 N. Main St. Coolidge Examiner. http://bit.ly/2N6rdBu
National multifamily report – Summer 2019. The Valley of the Sun gets a shout-out as a TOP PERFORMER in this MFN overview of Yardi Matrix’s Summer 2019 U.S. Multifamily Outlook. http://bit.ly/2Z4MbXI
Tucson MSA multifamily Q2 2019: Where’s the KA-BOOM? “Rounding the Horn of Q2 and sailing into the Second Half, the Tucson market continues to move ahead on mixed tides.” By Roland Murphy, Director of Research at ABI Multifamily, in RED News.http://bit.ly/31Dl6Ze
Trammell Crow Company releases plans for Scottsdale project. “Axis Raintree will be the first Class A building to deliver in the Scottsdale Airpark submarket since the completion of Scottsdale Quarter Block M in 2015.” Scottsdale Independent. http://bit.ly/2MlkRi4
Phoenix developer partners with Canadian firm on office lofts in Scottsdale. “George Oliver… is partnering with Vancouver-based Kootenay Holdings to revamp the second story of a Scottsdale commercial center into what the developers are calling the Lofts at the District.” PBJ (Subscriber Content). http://bit.ly/304Pr2p
Veteran CRE dealmaker moves back to CBRE. Charles Miscio has joined CBRE as senior vice president for advisory and transaction services, reports Mike Sunnucks in RLGR. http://bit.ly/2Z6nWIH
2019 Scottsdale bonds proposal different from past plans. It’s a different approach for 2019, as the city crafts an effective deal for taxpayers — to fix crumbling infrastructure, expand senior centers and boost public safety. RLGR. http://bit.ly/2Kyjfzg
[COLUMN] Tucson mayoral hopefuls differ on best way to use tax incentives. “The Democratic candidates for mayor have approached development incentives cautiously, even suspiciously, as if they were of dubious morality. Except for one — the one who has actually used them.” A Tim Steller column in Daily Star.http://bit.ly/2TyEC6v
East Valley cities look to cooperate to address homelessness. Mike Sunnucks reports that Mesa City Council will vote on a resolution to share more info with neighboring cities and regional groups to address homelessness. RLGR. http://bit.ly/31Dm7k0
Mesa looks at banning feeding pigeons, doves; increasing fines nuisance fines and new rules for RV parking. The Mesa City Council is scheduled to hold a public hearing on the new nuisance rules at its August 26 meeting. Mike Sunnucks has an early preview in RLGR. http://bit.ly/2Z6OJ7A
Trump likes Ham(m)er time, retweets Arizona Chamber CEO. President Donald Trump showed some Twitter love for Arizona Chamber of Commerce & Industry President and CEO Glenn Hamer. Check it out in RLGR. http://bit.ly/2z1gEqV
Cameron’s $5M + deals of the day –http://bit.ly/2H8oZhc
As a supplement to the Dealmaker, we thought you might enjoy these articles!
[OPINION] Schilling without the S is chilling. No love for Curt Schilling (or for Arizona) in Deadspin. Witness: “Since he retired from baseball, Schilling hasn’t done anything that would suggest he’d be a capable member of society, let alone Congress.” That’s about the kindest thing managing editor Samer Kalaf has to say about the former D-Backs hurler. http://bit.ly/33u8lSu
A license for a lemonade stand? States rethink business licensing. “This spring, Arizona passed the first law recognizing occupational licenses issued in other states.” <- That right there is all the play our state gets in this report from Governing, which instead focuses on Texas, where the licensing debate “has been playing out most loudly.” http://bit.ly/2Tz0q1P
Firefighter cancer claim sparks dispute between Glendale, senator. Firefighter Kevin Thompson was diagnosed with cancer. He filed a workers’ comp claim with Glendale. Claim denied. State Sen. Paul Boyer set up a meeting with city officials to discuss the matter. Meeting cancelled. “Now, Boyer and Thompson are gearing up to battle with Glendale.” AZ Mirror. http://bit.ly/2KzlDpw
Fired Senate staffer who won $1M verdict wants job back. But Dem staffer Talonya Adams, who won the big bucks in a discrimination suit against the Arizona Senate, “questioned in court Wednesday whether it will be a welcoming work environment.” AZ Cap Times. http://bit.ly/2HaTHpL
Trump echoes Ducey’s gun-control measure. Gov. Doug Ducey’s proposal would “allow judges to issue a Severe Threat Order of Protection, requiring people to submit to mental evaluations” an President Trump’s proposal is basically like, “What Ducey said.” A Cap Media Services/Howard Fischer report in AFN. http://bit.ly/31HG7Cc