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The Dealmaker: 9/6/2019

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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

What did you do yesterday? Carter Unger, president of Spring Creek Development and National Western Capitol Corp. ICYMI — or even if you caught it first time out — here once again is an hour-by-hour look at a very long but pivotal day for Carter Unger, a day that reached its zenith with Scottsdale Planning Commission’s big thumbs-up for Southbridge 2.0. http://bit.ly/2kqOSAw


Shiller: Housing market crash on the wayBelfiore: Not here. Robert Shiller says the 20-city composite in the index that bears his name indicates “declining home prices in the near future,” DSNews reports. However, the “reality here in Arizona continues to prove different,” says Jim Belfiore. The real estate consultant pinpoints the reason in RLGRhttp://bit.ly/2lWVsz1

New homes sales see healthy 19 percent jump. More from Jim Belfiore on the continuing positive trajectory of the Valley’s housing market in this Mike Sunnucks’ report for RLGRhttp://bit.ly/2lYiOnT

New investments bring Nikola Motors valuations to $3 billion. On the heels of CNH’s $250 million infusion comes word of even more for the hydrogen electric semi-truck manufacturer Nikola, as “technology company Bosch and South Korean business conglomerate Hanwha have each invested at least $100 million.” PinalCentral. http://bit.ly/2lI0W0l

Shea Homes introduces smart-home suite. Included in most new homes, SheaConnect™ will “integrate Amazon Echo, wi-fi, Kwikset SmartCode locksets, Ring doorbells and other well-known smart-home devices.” Tap to Builder for a rundown on the full suite of SheaConnect™ features. http://bit.ly/2knUTOz

Visualizing the most affordable areas of the home to automate. Controllable shades, security systems, smart appliances… what’s the most affordable? FIXr uses a 2000 sq. ft. home for illustration, going area by area to show the general costs of automating each section. http://bit.ly/2m1n5qJ

Taylor Morrison now selling insurance. It’s “one-stop shopping” for TM customers, as Taylor Morrison Insurance Services is now “offering homeowners insurance and other insurance products such as auto, flood and excess liability.” Builder. http://bit.ly/2kmzkxQ

Mesa look at new hotel plans Reporter Mike Sunnucks looks ahead to a city council vote slated later this month on plans for a new 111-room Home2 Suites by Hilton at McDowell and Recker. RLGR. http://bit.ly/2kjVBfH

Mesa ranks among top U.S. cities for job gains, population growth.CityLab did the research, Sunnucks tracked down the highlights, and RLGR has ‘em. http://bit.ly/2kw6Gu5

Owner of closed downtown Tucson hotel closer to $45M renovation deal with city. A GPLET plan under consideration would see the HSL Properties-owned Hotel Arizona undergo a makeover and re-open in 2021 as a 296-room Hyatt Regency-branded luxury hotel. Daily Star. http://bit.ly/2lIyOu3

Tucson’s lame duck mayor drops an F-bomb during annexation vote. And Mayor Jonathan Rothschild was caught doing so not just once but twice into a hot mic! Real classy, huh? Anyway, Tim Steller more in the Daily f*****gStarhttp://bit.ly/2k7jU0c

Take 2: Controversial Italian developer again seeks easements near Grand Canyon. If successful, Stilo and Tusayan’s easement proposal “could literally pave the way for massive developments” — “behemoth retail and residential complexes” — “near the Grand Canyon.” New Times.http://bit.ly/2lWejdw

Fountain Hills scraps fee over perceived threat from lawmaker. “Mayor Ginny Dickey yanked a vote on a $185-per-parcel-per-year fee from the Town Council’s August agenda in response to an email she and council members received from [Rep. John] Kavanagh.” AZ Cap Times (PAYWALL). http://bit.ly/2lIB3xt

Navajo council votes to oppose possible HUD limits on home-loan program.Critics say HUD’s proposal “would limit participation” in the Indian Home Loan Guarantee Program “to those making 115 percent of the median income in an area, and up to 140 percent under certain circumstances.” CN. http://bit.ly/2kyDlPz

Top 15 reasons to attend the 2019 Polo Party in November –http://bit.ly/2jV8RHc

RLG HIRING: Rose Law Group is seeking a receptionist for our front desk to provide administrative and clerical support for our office. Contact us:  http://bit.ly/2UgnCCk

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

Happy anniversary to Phil Riske and RLGR! Happy decade to the company that is contracted to provide RLG clients and friends news — Rose Law Group Reporter — and award-winning journalist Phil Riske, who came out of retirement ten years ago today to help Jordan Rose with a “little project because I’m a news junky and you’re an incredible talent.” http://bit.ly/2lAF47o

Arizona Diamondbacks to extend protective netting at Chase Field in 2020, Derrick Hall says. “I can’t live with myself if anything were to happen to any fan, especially one who cannot protect herself or himself,” says CEO Hall. AZCentral asks: “[I]s it time for the rest of the league to follow?” http://bit.ly/2kmDp58

Arizona isn’t included in one of ‘The Best States for Teachers in 2019’ report.<- That per business.org, which “ranked each state based on how well it paid new teachers versus the rest of the workforce.” But this study came out way back back on Aug. 19th, so perhaps things have improved for AZ teachers in the nearly three weeks since! (Yeah, right.). http://bit.ly/2lWfKsq

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  • Published: 2 weeks ago on September 6, 2019
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