The Dealmaker: 8/3/2018

40 Under 40 Hall of Fame: Meet Jordan Rose, founder and president of Rose Law Group. Jordan Rose began her law career with “an idea on a napkin and an office in a storage closet.” Fast forward. She “now leads the largest women-led law firm in Arizona’s history.” And she’s also among the four VERY FIRST executives inducted into Phoenix Business Journal’s 40 Under 40 Hall of Fame.” Jordan talks about this Hall of Fame honor and the journey she’s taken to get there, in this PBJprofile. (Subscriber Content) http://bit.ly/2OF4wlW

Tax Court rules Pinal County transportation tax is illegal. (Disclosure: Rose Law Group represents a coalition of property and business owners throughout Pinal County working to bring new transportation infrastructure to the county.) More on the news Dealmaker broke yesterday — that an Arizona Tax Court ruled the voter-approved sales tax for Pinal County roadways invalid because it doesn’t apply to non-retail businesses — in PinalCentral. http://bit.ly/2vAhWaj  

Taylor Morrison reports $59 million Q2 profit. “Sales per outlet were 2.6 • Net sales orders were 2,342” • Chairman and CEO, Sheryl Palmer: “Our home closings gross margin was 18%, in line with guidance, and especially encouraging knowing we didn’t sacrifice margin for the additional closings.” • More financial highlights from Taylor Morrison’s Q2 2018 in Builder. http://bit.ly/2ABksTB

10 notable pools from the Gold Nugget Awards. “Builder celebrates summer by recognizing some of the pools and water features that help these homes and apartments stand out from the competition.” Featuring three drinks at award-winning homes located right here in the Valley! (Plus, a link to the full list of winners.) Tap on, water’s great! http://bit.ly/2KunkBq

Most expensive home sales in Phoenix. Arizona Foothills Magazine top home sales, 7.23.18 – 7.29.18, totaled “over $21 million,” SINKING some $5 mil from the previous week. And while the write-up this week may want of its usual jocular jolt, the WoW sales drop in this installment certainly doesn’t mean these homes lack the same wonderful, but very difficult-to-discern features, such as: Fabulous views, an enchanted courtyard, a delightful fountain, an oversized cabinet-style fridge, and permanent shade cabanas. http://bit.ly/2n5QUns

No housing recession over horizon. Existing-home sales have faltered, housing starts have “tumbled,” and “lingering memories” of the last crash still resonate. A peaking market? For the straight-up answer, NAR chief economist Lawrence Yun could have simply followed real estate consultant Jim Belfiore’s lead. Instead, Yun gives us this from Mark Twain: “There are lies, damn lies, and statistics.” He then unpacks it for us, in Forbes. http://bit.ly/2AJUA7M

Camelback Collective about to open its doors. A “four-story, 115,000-square-foot office building.” Next to it, “a new 160-room AC Marriott Hotel, which will open its doors in October.” Details on this 28th Street & Camelback development (a joint venture between Holualoa Companies and LaPour that ) in AZRE. http://bit.ly/2n8apvy

Brookstone files for bankruptcy, will close all mall stores. Adios to the longstanding mall tradition of massage-chair vegging while significant others are shopping. USA Today reports that Brookstone “filed for Chapter 11 bankruptcy protection Thursday and plans to close all of its remaining mall stores.” A truly sad day for massage-chair moochers everywhere. http://bit.ly/2O9MYxd

Here’s how America uses its land. Using Department of Ag research, Bloomberg has produced a fascinating collection of data-morphing graphics showing how land is used across the country. Take the graphics for a scroll right here: http://bit.ly/2OEt5zA

Moving Coolidge forward still a priority for Thompson. Two-term Coolidge Mayor Jon Thompson is running unopposed this year. One thing he’s looking forward to in another term is the city “finally getting the big break it’s been waiting for” when it comes to “developers and industrial businesses.” Coolidge Examiner. http://bit.ly/2n8MbkI

Dalke named Paradise Valley interim town manager. On Wednesday, PV Town Council voted 6-0 to appoint former Goodyear city manager Brian Dalke as its interim town manager. More on the selection in PV Independent (also see below). http://bit.ly/2LYa4tl

[OPINION] Collins: Paradise Valley in good hands under guise of Mr. Dalke. Paradise Valley Mayor Michael Collins expresses strong enthusiasm over the appointment of Brian Dalke as the town’s interim manager: “Brian is a well-prepared candidate and a consummate professional.” More from Mayor Collins on Brian Dalke in PV Independent. http://bit.ly/2MiCpaG

Mohave County might call for more PILT funds from feds. “Next week, the Mohave County Board of Supervisors will consider joining a class action suit [re: Payment in Lieu of Taxes or PILT funding] brought against the federal government by Kane County, Utah, demanding repayment of taxes owed from mineral rights on state’s lands under the jurisdiction of the U.S. government.” Daily Miner. http://bit.ly/2KqDY4y

Cameron’s $5M + deals of the day – http://bit.ly/2KpAiA1

Don’t miss anything… follow multiple winner of the Arizona Republic’s tweet of the week contest, and Senior Partner at Rose Law Group and Director of RLG Renewable Energy Department, Court Rich. http://bit.ly/Court_RichTwitter