The Dealmaker: 9/26/2019

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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

Hemp industry eagerly awaits new regulations. The USDA had hoped to issue regulations by the end of August, but difficult policy choices have delayed publication and sent waves of anxiety rippling through the industry. A report by: Adam Trenk, Rose Law Group partner, director of cannabis and hemp departments, and Jonathan Udell, who focuses on cannabis and hemp law — in RLGR.

Arizona’s new marijuana testing program ‘of paramount importance,’ says Adam Trenk, Rose Law Group partner, director of cannabis and hemp departments. Members have been selected for the new MMJ “advisory council,” which is set to begin cannabis testing late next year, New Times reports. • In RLGR, Adam Trenk underscores the importance of quality control measures when it comes to MMJ.

New panel grills ADWR director on Pinal water. The new House groundwater supply committee pumped Director Thomas Buschatzke for info yesterday on how the “department approves and extends residential developer’s requests for groundwater supplies in Active Management Areas like the one in Pinal County.” CGD.

Taylor Morrison opens North 70 in Scottsdale. • Four two-story floor plans • 1,630 to 2,436 sq. ft. • From low $400s • More on TM’s Venture Collection at North 70 • Plus how to win a Fitbit or Amazon Echo! • In AzBigMedia.

Gee doubles down in face of adverse ruling. The “stinging rebuke from Arizona Court of Appeals which upheld a lower-court order to rebuild the Ahwatukee Lakes Golf Course,” hasn’t seemed to phase owner Wilson Gee, who “not only reasserted the 101-acre site ‘will never be a golf course again’ but told AFN he is upping his offer to Lakes homeowners.”

New Beulah Boulevard apartment complex in the midst of construction.Daily Sun gets us up to speed on Trailside Apartments, a multifamily project in Flag that “has been in the works for years by the New York-based developer Chason Affinity Companies.”

Pending home sales grow 1.6% in August. A welcome rebound after a prior month of declines, according to the National Association of Realtors. KEY QUOTE: “The notable sales slump in the West region over recent years appears to be over.” Read the full report in RLGR

Tempe looks to make its mark with new Maker District. The goal of the district is to attract more creative and innovative companies as well as to redevelop existing properties, some of which are older industrial buildings. More in Mike Sunnucks’ report at RLGR.

Exclusive: Real estate playbook for rising cities. The goal “is to create bigger, branded, physical places to attract more companies, entrepreneurs and investors.” The “playbook breaks down 4 archetypes that are being built” in cities across the country, PHOENIX among them. Axios. 

Mesa’s Pioneer Park named one of Great Places in America. Once a place to be avoided after falling into a period of disuse and decay, the now-thriving Pioneer Park has been named one of six Great Public Spaces on the American Planning Association’s annual Great Places in America list. AzBigMedia.

Lucid Motors is hiring! And the electric car company in Casa Grande is doing so IMMEDIATELY — for their Production Team and for their Production Maintenance Team (electrical). Tap on for info!

What cities and companies have in common. “Cities and companies need the same thing: Skilled workers.” So how does the Phoenix-Mesa-Scottsdale metro area stack up on the “skills anxiety spectrum”? Find out in Axios.

Payson mayor recall effort certified. And that means “Mayor Tom Morrissey has five business days to decide whether he will resign or participate in an election against other candidates.” Meanwhile, the “Unite Payson recall committee is still gathering signatures to recall” other town council members. Roundup. 

Music and Matches at The Scottsdale Polo Party November 2nd –

RLG HIRING: Rose Law Group is seeking a receptionist for our fun, fast-paced firm that offers opportunities for advancement.

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

Co-parenting tips before school starts; Rose Law Group family law attorney Audra Petrolle says lots of agreements are necessary to keep blended families. “Potential battlegrounds for divorced parents are in abundance when it comes to school, especially if stepparents are part of the picture.” HuffPost • Audra Petrolle tells RLGR, in part, that “parents can reach agreements on what best suits their children’s needs either through a parenting plan or court order.”

5 of 10 worst cities for pollution are in Arizona, report states. This negative news about Arizona comes courtesy of a report that’s primarily about the Trump administration’s rollback of “California’s nearly 50-year authority to set its own vehicle standards for tailpipe emissions.”

Arizona governor dismisses Trump impeachment inquiry as ‘typical congressional behavior.’ Gov. Ducey commented on the matter yesterday, following “a morning groundbreaking in Phoenix.” Unfortunately, AZCentral fails to mention what project it was that broke ground. But as soon as Dealmaker finds out, you can be sure we’ll pass the news along!

State tells judge petition law protects integrity of election process. If an out-of-state petition circulator is subpoenaed but fails to show up to court, then signatures gathered, even valid ones, can be struck. The state wants that law upheld, but it appears the judge hearing the matter is leaning the other way. A CMS/Howard Fischer report in ACT

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September 2019

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