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
Scottsdale apartments outlined for Camelback Road, Arizona Canal.Stockdale Capital Partners is proposing the WaterView Residential development as part of larger WaterView mixed-use development. Reporter Mike Sunnucks has details in this RLGR news brief. http://bit.ly/2Zj9ePy
Paradise Valley just bounded over $400 per square foot. Sold prices in PV are back! — to a level not seen “since the last week in December 2008 when the market was on the way down from its dizzying pre-recession highs.” The Arizona Report™ http://bit.ly/30PoCQ4
Low inventory continues to haunt housing market. With a spotlight on Ahwatukee, AFN takes a look at the “nightmare” of low inventory levels throughout the Valley, and how it could drive prospective home buyers toward new homes rather than resales. http://bit.ly/3436zbn
See which Arizona city has the best housing market. More on our local housing markets, this time from WalletHub, which looked at home values, price gains as well as economic factors such as job growth in 300 U.S. cities. http://bit.ly/2zpjCWv
First Place AZ earns 2019 Housing Hero Award. “[ADOH] has honored First Place AZ with the 2019 Housing Hero Award for its Innovative Supportive Housing Program and pioneering approach to housing for special populations, specifically for adults with autism.” AZRE. http://bit.ly/321cWKm
Housing America’s older adults. “Curious about the attitudes of Americans aged 45 and older on housing, retirement and finances, PropertyShark conducted a generational survey on their preferences.” http://bit.ly/2Nveb0u
ASU, Mayo Clinic partnership in north Phoenix taking another step forward. Phoenix City Council is slated to vote Wednesday on accepting easements as part of an intergovernmental agreement for development of the biomedical center. Mike Sunnucks previews in RLGR. http://bit.ly/2KYBYUL
[GUEST COLUMN] What Scottsdale needs to do about constraints on youth sports fields and public pools. “The infrastructure program before voters on this November’s ballot… helps solve the crunch for space and ease the lengthy backlog for fields, pools, and youth sports facilities.” By: For The Best Scottsdalesteering committee member, Brian Esterly. http://bit.ly/2PiA3P5
Pollack: Economic uncertainty. The main culprits? The ongoing U.S.-China trade tussle, as well as a Fed tongue-lashing delivered by President Trump, says The Monday Morning Quarterback. Data snapshots include: U.S. • Leading Indicators • Rate Cuts • Home Sales – Existing & New. AZ • SF Permits – Tucson • Industrial & Office Market – Phoenix. http://bit.ly/2ZhlTlU
Dealmaker BONUS:Are public golf courses up to par? “The supply-and-demand economics have forced difficult conversations in cities about whether taxpayer money should support a recreational activity that appeals to fewer people than a generation ago, is expensive to maintain and takes up a lot of real estate.” Governing. http://bit.ly/30FiTfE
Cameron’s $5M + deals of the day – http://bit.ly/2ZmK1DN
As a supplement to the Dealmaker, we thought you might enjoy these articles!
Sports leagues taking steps to further protect fans from balls, bats and pucks. Fan “injuries have reinvigorated the debate” about installation of safety features at sporting venues. Just in case you missed this story in GlobalSport Matters when it was initially published back on July 10, here it is again! http://bit.ly/347HVqf
Hobbs asks court to dismiss challenge to 2014 election law. The law says that if a petition circulator is subpoenaed but fails to show up to court, then signatures gathered, even valid ones, can be struck. Sec. of State Katie Hobbs “is urging a federal judge to throw out a challenge” to that law. Cap Media Services’ Howard Fischer has the report in AZ Cap Times. http://bit.ly/2ZoWxSs
Town violated constitutional rights on non-church members, court rules. The 9th Circuit has found “overwhelming evidence” that Colorado City officials engaged in various unconstitutional activites, such as refusing water service to non-church members, as well as using “the police department to harass” them. A Howard Fischer report in Daily Star. http://bit.ly/343OIkA
Mayors are harassed and threatened, but just how often? “Demeaning comments, harassment and — less commonly — threats of violence all come with the job of being a mayor. A new national survey assesses how frequently mayors experience various forms of abuse.” Governing. http://bit.ly/2PhDaXE
