The Dealmaker: 8/6/2019

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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

Justin Brandt, Rose Law Group litigator and cannabis practice attorney, chosen for Valley Leadership’s 41st class. Congratulations to Justin Brandtwho joins a select group of “proven and future leaders” for the 41st year of Valley Leadership, as the organization continues to “dig into the issues facing our state.” PBJ.

Q&A: Todd Wood talks securing partnership with Taylor Morrison on hybrid rental homes. (Disclosure: Rose Law Group represents Christopher Todd Communities.) How did the partnership idea take shape? What kind of deal is it? Is Hancock Homes still in the picture? Answers to those and other questions in this PBJinterview with CEO Todd Wood.

NY investor buys more Phoenix apartments — this time for $100M. With its acquisition of San Valiente Luxury Homes — a 604-unit apartment community situated in the Metrocenter submarket — Blackstone Group has gobbled up “more than 7,000 apartments in metro Phoenix.” PBJ (Subscriber Content).

Phase I of The Block at Pima Center complete with 100% occupancy. See who’s in at The Block (located at Via De Ventura and the 101), and find out what MainSpring Capital Group & Palmer Development have in store for Phase Two — in AZRE.

Wesley named Fountain Hills development services head. Former Mesa planning director John Wesley has emerged from retirement to “serve as the permanent development services director” for The Town of Fountain Hills. And he sounds pretty happy about it!  FHT.

Chandler looks to buy land next to airport. And what does the city plan to do with the 33.9 acres? Mike Sunnucks has the info in this brief RLGRreport.

DEAD DEAL? – Glendale could sell cemetery property. The city has lost money operating and maintaining the cemetery and has solicited offers from potential private buyers, reports Mike Sunnucks in RLGR

Pollack: Big week for economic news. There’s “a lot to digest” this week, with news about the FED, tariffs and jobs. But The Monday Morning Quarterback takes ’em “one bite at a time.” MMQ’s data analysis also includes: U.S. • Income • Consumer Confidence • Manufacturing • Construction • Home Prices. AZ: Sky Harbor – Enplanes & Deplanes • Home Prices – Phoenix.

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

When does it become criminal to leave a child in a hot car? Rose Law Group Partner and Director of Family Law discusses with AZ Family Channels 3 and 5. “In the last week, there have been two cases where women left kids in the car with the A/C on. Some moms say this is not child abuse.” Here’s what Kaine Fisher says:

2 people died in Arizona home where SRP shut off power in July 2018.“Amid an emergency moratorium prohibiting some Arizona utilities from shutting off customers’ power this summer, two gruesome deaths blamed in part on heat exposure have come to light.” AZCentral.

Judge denies state’s request to let ‘dark money’ law stand during appeal.“Judge David Palmer rejected claims… that it would be too confusing for organizations that the Legislature exempted from campaign finance laws in 2017 to now have to obey those laws for the 2020 election.” A Cap Media Services/Howard Fischer report in AZ Cap Times.

[OPINION] 4 reasons New Media/Gannett Merger will not pay off. “New Media Investment Group, the parent of GateHouse Media, announced a deal to pay $1.4 billion in cash and stock to buy Gannett.” Here’s why author and Forbescontributor Peter Cohan thinks it’s “likely to fail.”

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