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The Dealmaker: 10/8/2019

Posted by   /  October 8, 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

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 RLGRhttp://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 RLGRhttp://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 RLGRhttp://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

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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

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