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The Dealmaker: 8/21/2019

Posted by   /  August 21, 2019  /  No Comments

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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

Jordan Rose among AZ Business Magazine’s ‘Most Influential Women.’ RLG Founder and President Jordan Rose is among previous ‘Most Influential Women” honorees receiving shoutouts in the lead-up to AZ Business Magazinecelebration of this year’s “innovators and game-changers.”-> http://bit.ly/2P6YE9H

Mesa ponders GPLET deal for downtown apartments. An arm of Marshall Urban Development wants to build 72 new market-rate apartments as part of the second phase of the Encore development. Mike Sunnucks takes a closer look at what Mesa will be pondering — in RLGR. http://bit.ly/2HfkRvG

How single-family home affordability has shifted since the 60s. “Not only is it harder now for Americans afford a home, it’s also harder for renters to save up for a down payment. However, some regions remain more affordable than others.” Builder. http://bit.ly/31X6B2O 

Pinal County’s primary tax rate cut 4 cents. With kudos to Economic Development Manager Tim Kanavel for his part in the “county’s recent economic development successes,” the BoS on Monday cut the primary property tax rate while promising even more cuts down the road. CGD. http://bit.ly/2zfpiCd

Mesa will pay off Sloan Park and Hohokam Stadium ahead of schedule.“Now, every dollar generated by Spring Training goes directly to the City,” says Mayor John Giles, highlighting the significance. How the city got out of hock — and the big role Pinal County played in it doing so — in AZ Business Magazinehttp://bit.ly/2KMt5xw

Mesa improving runways at Falcon Field with FAA grant. In July, Mesa voted to accept an FAA grant that would cover 91 percent of improvement costs. Later this month, the city will vote on the contract. Mike Sunnucks previews in RLGR. http://bit.ly/2Z9vuLt

Payson council committee will scrutinize projects. Why the need for such a subcommittee, particularly with the risk of it getting bogged down in “nitty-gritty administrative details”? That’s what several council members wanted to know prior to the “4-3 split vote.” Roundup. http://bit.ly/2NjY7P3

This water program has kept almost 10 million gallons in the Verde River. “A community-based water offset program seeks to help sustain the Verde River and ignite a conversation about water sustainability. And it’s working.”AZCentral (Subscriber Content) http://bit.ly/33SSxZY

Arizona wages up 3 percent but bigger raises for workers seen in California, Washington. Take a deep dive with Mike Sunnucks into the latest data from the U.S. Bureau of Labor Statistics. RLGR. http://bit.ly/2zfptxn

Neighbor is out to disrupt self-storage: It’s like Airbnb for your stuff.“Neighbor, based in Salt Lake City, connects homeowners online with people who need storage space. Its CEO says the barely 2-year-old company is already seeing 500% annual growth.” CNBC. http://bit.ly/2Zl9N6q

Activists try to stop redevelopment of ‘historic’ business over owners’ objections. Again. Like the proverbial broken record… NIMBYs want L.A. to unplug an approved “plan to redevelop” Amoeba Music “into a 26-story, 200-unit apartment building.” Meanwhile, Amoeba’s owners say the group’s lawsuit “is actively harming their ability to keep their record store alive.” Reason. http://bit.ly/2L1t8Ey

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

Laura Bianchi, Rose Law Group partner and Cannabis Dept. Director, talks to PBJ about Arizona employers’ right to prohibit recreational marijuana use. While the Smart & Safe Arizona Initiative would legalize recreational marijuana use, it would also allow employers to prohibit its use in the workplace, a protection not found in the Arizona Medical Marijuana Act of 2010. For other differences between the two programs — and what Laura Bianchi has to say about them — tap on! (Subscriber Content). http://bit.ly/2ZnAs2I

Study: Arizona among the worst in vaccination rates. In the unlikely event there remains a scintilla of doubt as to the slant of this AZ Mirror report after such an upbeat headline, the following caption accompanying the article’s editorial cartoon should most definitely drive it home: “Anti•vaxxers are anti•science.” http://bit.ly/2HgTlhk

Court denies AG’s bid to sue Board of Regents. “The state Court of Appeals won’t let Attorney General Mark Brnovich sue the university system over what he claims are unconstitutionally high tuition hikes.” A Cap Media Services/Howard Fischer report in AZ Cap Times. http://bit.ly/31MuSZc

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