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 County water woes already impacting development. “As of right now, we have no water.” That from the president of Attesa motor sports park, who had more to say on the matter in an appearance Friday before the Ad Hoc Committee on Groundwater Supply in Pinal County. CGD. http://bit.ly/2OQ7Ptl
As water sources dry up, Arizona farmers feel the heat of climate change. This Civil Eats report, which focuses largely on “The Epicenter: Pinal County” and its farmers and was first published back in mid-September, has finally found its way into the Dealmaker lineup. http://bit.ly/2qh5KMK
Mixed-use project proposed near Indian Bend. Called Gentry on the Green (in honor of Billie Axline Gentry, the “driving force” behind the Indian Bend Wash greenbelt), this bike-friendly mixed-use would feature residential, retail and public space — and that’s just phase one! SP. http://bit.ly/2VR4fAE
Maracay buys 75 lots in Goodyear. Located at Indian School and Citrus, the homesites are part of the final residential phase of the 638-acre Sedella community. Development details plus info on the Maracay / Meritage cash deal via the news release in RLGR. http://bit.ly/2VIv6yE
Will Arrowhead Towne Center be a place to live? Could talks between Glendale and Macerich lead to a major repurposing of Arrowhead — with homes, offices, entertainment and theme park? City Manager Kevin Phelps discusses in Glendale Star. http://bit.ly/31k63TA
Ryan Cos, Liv Communities building new luxury senior living project near Mayo Clinic. The LivGenerations Mayo Blvd will have assisted living, memory care and independent living across 285,212 sq. ft. Reporter Mike Sunnucks has the rest of the rundown in RLGR. http://bit.ly/2nMPWjN
Here’s why the West Valley is booming. Historically, the East Valley has dominated when it comes to drawing development. But that’s changing. In a big way. Here’s a look at some of the reasons why, courtesy First Vice President of the Arizona REALTORS, Jan Leighton, in AzBigMedia. http://bit.ly/31fCgLN
Phoenix among top markets for flipping. “Realtor.com®’s bargain-happy economics team found America’s hottest real estate markets for investors, the cities where the highest percentages of home sales are for flipping or renting out.” http://bit.ly/2BgG9FX
How many single-family homes in Maricopa County? Have an inkling? The number may surprise. Check it out in The Arizona Report™, which also has a chunk of single-family data for Pinal County. http://bit.ly/2qcb5Vq
Tempe to vote on new Class A office building. Tomorrow, City Council will decide on Irgens’ plans for the new office building to be situated on the north side of Tempe Town Lake. Sunnucks has a project overview RLGR. http://bit.ly/31iR0ti
Scottsdale makes $319M bond request. Here’s what to know.AZCentral looks at the bond proposal questions on the ballot in the Nov. 5 election and some of the “58 potential construction projects” that are at stake, “from road improvements to public space upgrades.” http://bit.ly/2pqOSTq
Cameron’s $5M + deals of the day – http://bit.ly/33Cj6Sb
Polo anyone? WestWorld of Scottsdale transforms into polo mecca this fall – http://bit.ly/2OqiI4D
RLG HIRING: Rose Law Group is seeking a receptionist for our fun, fast-paced firm that offers opportunities for advancement.http://bit.ly/2UgnCCk
As a supplement to the Dealmaker, we thought you might enjoy these articles!
An academic take on sports rivalries. “Which rivalries are most intense? Can a team have more than one rival? What if the hatred isn’t returned?” How could such questions even begin to be answered without a close look at the rivalry between ASU and UA? Researchers don’t disappoint. NYT. http://bit.ly/32gm8v6
USA wins big in skydive World Cup in Eloy. “The United States came away with eight medals and took the top three spots in the 4-Way Formation competition.” EE. http://bit.ly/32iBaAz
County supervisors examining options for ousting indicted assessor. Does the Maricopa County Board of Supervisors have the power to remove Assessor Paul Peterson from office after his indictment in an alleged adoption scheme? Supervisors explored that question yesterday. AZ Mirror. http://bit.ly/2VO6Nj0
Breakfast with a side of bipartisanship: Arizona lawmakers revive get-together [VIDEO]. “It was the latest of what has become a monthly ritual for members of the state’s congressional delegation, who meet over breakfast in one of their Capitol Hill offices to discuss state issues.” CN. http://bit.ly/2OLI6lI
Candidates begin filing for Gilbert’s 2020 election. Mayor and 2 council seats are up for grabs. See who’s in so far. AZCentral. http://bit.ly/2ppMyvC
