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The Dealmaker: 9/20/2019

Posted by   /  September 20, 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

Pinal water panel raises concerns about one-size-fits-all AMA. The discussion “grew prickly” Wednesday as members of the Groundwater Users Advisory Council for Pinal County had “problems” with ADWR’s approach to “updating the five state Active Management Area plans.” CGD. http://bit.ly/2knO9Qu

Housing is healthy but higher costs, labor shortages challenge builders, prices. That was the major takeaway at this morning’s Valley Partnership forum moderated by real estate consultant Jim Belfiore. Panelists Ron Hilgart (HilgartWilson), Jeremy Ramsdell (Ashton Woods) and Jeff Gunderson (Lennar) supplied several other big highlights and reporter Mike Sunnucks was there to cover them. RLGR. http://bit.ly/2kL1tPm

Good intentions could create housing affordability problems. A closer look at one particular highlight from this morning’s Valley Partnership, this one courtesy of moderator Jim Belfiore who addressed some well-intended public policies that may end up hurting affordable and entry level housing. RLGR. http://bit.ly/2kwPbdc

Cochise County group says environmental lawsuits harm landowners, economy. “The launch of a new organization, the Southwestern Communities Coalition, comes amid controversy over a massive housing development project planned south of Benson.” APM. http://bit.ly/2kxhYyk

Paradise Valley has WSJ ‘Home of the Day.’ Seems like a lovely place, at least based on a 12-image slideshow of the 7,000-sq.-ft., five-bedroom home, situated as it is at the base of Mummy Mountain. So why are so many posters in the WSJ comment section throwing shade? http://bit.ly/2m675nf

Ahwatukee neighbors win again in golf course development battle. In news that brings to mind the classic Hank Williams’ tune “You Win Again,” the “Arizona Court of Appeals affirmed Thursday that the developer who let an Ahwatukee Foothills golf course devolve into blight must restore it.” Here, in AZCentral, is “how the homeowners came out on top.” Again. http://bit.ly/2kL5D9U

Arizona golf resort nestled in Superstition Mountains on the market.  The 370-acre Gold Canyon Golf Resort is for sale and reporter Mike Sunnucks has the info. RLGR. http://bit.ly/2mroqHI

Phoenix approves funding for affordable housing and continuing light rail expansion. “Phoenix City Council met Wednesday to vote on agenda items which will make housing and transportation more accessible for downtown residents.” Downtown Devil. http://bit.ly/2kVL7TY

HUD: Half of Glendale facing ‘housing burden.’ That was just one of the “troubling statistical trends” to emerge during a recent City Council workshop session concerning the earmarking of HUD funds for the upcoming year. Glendale Star. http://bit.ly/2lYjWIr

Carlat: New community helping Peoria be a ‘complete city.’ The ribbon-cutting for Arrowhead Valley Retirement Resort saw Peoria Mayor Cathy Carlat and other officials showing strong support for RLC’s new “55-and-older, independent living community.” Peoria Times. http://bit.ly/2mki1Oi

Gilbert Regional Park opens Saturday.AZCentral has a complete rundown of what visitors can expect to see and experience at this weekend’s first phase opening of the park that’s been “5 years in the making.” http://bit.ly/2kX4RGD

Eatery, hotel planned for plaza development. Western Retail Advisors is developing the property — known as Maricopa Town Plaza — on the SE corner of John Wayne Pkwy and Hathaway Ave. InMaricopahttp://bit.ly/2mpz55z

When will White Castle finally open its first Arizona location? The long-awaited restaurant will be located in the SRPMIC, with a tasty “menu very similar to those at the chain’s other restaurants.” So when exactly will this “first family-owned location west of the Mississippi River” open? AZCentral. http://bit.ly/2m6kziQ

Entertain at an event like no other: The Ninth Annual Bentley Scottsdale Polo Championships – http://bit.ly/2lXwhwt

RLG HIRING: Rose Law Group is seeking a receptionist for our fun, fast-paced firm that offers opportunities for advancement.http://bit.ly/2UgnCCk

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

Candidate field set in search for new Maricopa County Attorney. AZ Cap Times takes a look at the candidates, including one rather high-profile hopeful who’s probably best known for posing questions “during U.S. Supreme Court Justice Brett Kavanaugh’s Senate confirmation hearing.” http://bit.ly/2kvk1Tu
 
Court expansion key to artists’ win in discrimination case. “A landmark Arizona Supreme Court decision on September 16 would have been different had the court not expanded from five to seven justices in 2016.” That’s the view of AZ Cap Times reporter Dillon Rosenblatt in his analysis on the outcome of Brush & Nib v. City of Phoenixhttp://bit.ly/2ks44NM

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