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
Real estate industry seeking affordable housing solutions. With insight from real estate consultant Jim Belfiore, Chamber Business News explores factors behind — and solutions to — an affordability squeeze that’s “leaving more people without a place to call home” here in the Valley. http://bit.ly/31Z8bRX
New plans filed for Scottsdale Entrada redevelopment. Banyan Residential has submitted new site plans for its 33-acre project at 64th St and McDowell. Reporter Mike Sunnucks has the lowdown in RLGR. http://bit.ly/2LZVDo2
New apartments get go-ahead in Chandler. Van Trust Real and LGE have received green lights from Chandler City Council for their respective projects. A bit more on both developments in RLGR. http://bit.ly/31ZubvU
Trammell Crow plans 356K-SF industrial park in Glendale. Now under construction near 99th Ave and Cardinals Way, Park Aldea “is the first Class A industrial project to be built in more than 10 years along this particular 10-mile stretch of the Loop 101 Freeway.” AZRE. http://bit.ly/30ZdH5E
Neighborhood protests put brakes on plans for proposed So. Tempe Valvoline location. Residents living near the proposed site of the Valvoline oil change talk to Wrangler News about their opposition to the facility. http://bit.ly/31Vp4Ny
BANKING IT IN! –Phoenix Suns sign new banking sponsorship deal. The “multiyear” deal makes FirstBank the Suns’ “official banking partner” and includes “charitable aspects” as well as “the naming rights to a redesigned premium seating option within Talking Stick Resort Arena.” PBJ. http://bit.ly/2OBRfgm
DiCiccio takes aim at plan to raise fees on Lyft, Uber rides a Sky Harbor. Phoenix City Councilman Sal DiCiccio tweets out his disdain for a plan to raise ride-share fees for airport pickups and drops. Read it in Sunnucks’ report on the matter at RLGR. http://bit.ly/30XFROL
If Phoenix were a country, here’s how its economy would rank. Greater Phoenicians “generated about $265 billion in annual economic output last year.” Does that figure put us above or below Egypt, Vietnam, Greece, Bangladesh…? Find out in AZCentral. http://bit.ly/2otkkQH
Pollack: A whipsaw week. Two big economic events resulted in two very different stock market reactions. TheMonday Morning Quarterback breaks it down and delivers these data snapshots: U.S.• Manufacturing • Tariffs • Employment • Mortgages • Construction. AZ • Sky Harbor • Retail • Listings & Resales • Apartment Market – Phoenix. http://bit.ly/33eOUMI
Cameron’s $5M + deals of the day –http://bit.ly/2OuPAJF
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!
State stats don’t support Senator’s claim of children “lost” to sex trafficking. Sen. David Farnsworth claims ADCS “has ‘lost’ more than 550 children,” with “many of those supposedly missing children… being sold as sex slaves in a global sex trafficking cabal.” AZ Mirror looks into the claim. http://bit.ly/2nsnCmG
U.S. Supreme Court refuses to hear case on Arizona rental-car tax. Monday’s ruling means “Pima and Maricopa counties are going to get to keep tapping tourists to pay for their sports facilities.” ACT. http://bit.ly/2Vn6KKy
Supreme Court will not hear Maricopa County appeal of Arpaio ruling. “The Supreme Court on Monday let stand lower court rulings that said Maricopa County is responsible for controversial policing practices of the Maricopa County Sheriff’s Department under former Sheriff Joe Arpaio.” CN. http://bit.ly/2AQbTS9
Gov. Ducey skeptical of Trump impeachment process. On KTAR News 92.3 FM’s Mac & Gaydos Monday, Gov. Ducey “called the investigation ‘highly partisan and one-sided.’ ” (ALSO: Sen. Martha McSally joins GOP protest of Trump’s plans for Syria.). http://bit.ly/2AUgqmE