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
Millennial home buying trending up, says Taylor Morrison CEO. “CNBC’s Jim Cramer sits down with Taylor Morrison Homes Corp.’s CEO Sheryl Palmer, who sees a surge of interest among millennials in home ownership.” WATCH, via Builder. http://bit.ly/2oI7sWN
The 25 most valuable companies in Arizona. Homebuilders make the list! Find out which ones in in AZ Business Magazine. http://bit.ly/2n0m1o6
Infill single family homes proposed in Glendale. Genica Group of Companies is proposing the Glendale 10 development at 67th Ave near Maryland. Reporter Mike Sunnucks has details in RLGR. http://bit.ly/2n0oXBb
Fountain Hills Council to consider Daybreak. Following a thumbs down from P&Z back on Sept. 12, Jeremy Hall and Neil Ginsberg of Hilltop Vista Properties visit Town Council on Tuesday, seeking a more favorable reception for their proposed apartment community. FHT. http://bit.ly/2nd3RPZ
Recall vote highlights short-term rental controversy in Continental Country Club. A group of residents in the Flagstaff community are none too happy with short-term rentals — nor with the board members that apparently support them. Daily Sun reports that the recall “will be the third time the issue of short-term rentals has rocked the community.” http://bit.ly/2ncfkPA
Sedona’s largest privately owned estate on market for $14.2 million.[SLIDESHOW]. El Rojo Grande Ranch indeed! It isn’t until the 18th pic of a 30-image slideshow that interior shots of the ranch’s 6,581 sq. ft. residence start popping up. AZFamily. http://bit.ly/2oGq89e
Fry’s Marketplace breaks ground near Gilbert’s Cooley Station. Fry’s will anchor the “172,000 square foot shopping center” at Recker and Williams Field. A “symbol of the prosperity of Gilbert,” says Mayor Jenn Daniels of the Evergreen Devco project. AZCentral. http://bit.ly/2n9KYgO
Saying goodnight to Fiesta Mall.AZCentral reports on the closing of Dillard’s Clearance Center, the “last remaining holdout at Mesa’s once-bustling Fiesta Mall.” (Subscriber Content) • Also, in RLGR, take a spooky nighttime tour of the dying mall, courtesy a documentary called Retail Archeology. http://bit.ly/2nVDoq3
Great Wolf Lodge Arizona is open. “With numerous games and activities centered around a climate-controlled water park and its tangle of slides, Great Wolf Lodge Arizona opened for business Friday.” And AZCentral has 49-pics of the place to prove it! http://bit.ly/2mqsxUO
Avondale recreation is most transformed. Congrats to Avondale on being “named Winner of the Voice of the People Award for Transformation in Recreation and Wellness,’ based on “responses from the National Citizen Survey.” WVV. http://bit.ly/2n8BHFC
P&Z Commissioner Eric Nolan announces bid for Flagstaff council seat. “Nolan said one of the top issues he hopes he can help find a solution to is the balance between growth and housing affordability, and the issue of open space.” Daily Sun. http://bit.ly/2oGu3Tu
Here’s how ADOT will transform I-17 by 2023. “The Arizona Department of Transportation and Gov. Doug Ducey have announced plans to build additional travel lanes along a stretch of the Interstate 17 freeway between Anthem and Sunset Point.” Details via AzBigMedia. http://bit.ly/2mn5uu1
Scottsdale law group establishes state’s first hemp practice. That, of course, would be Rose Law Group, which has named partner Adam Trenk to lead Arizona’s very first stand-alone hemp practice. “As the new director of both the cannabis law and hemp law, Adam brings deep roots in the agricultural community combined with vast regulatory and public policy experience,” says RLG Founder and President Jordan Rose. SI. http://bit.ly/2mlEPh3
Music and Matches at The Scottsdale Polo Party November 2nd –http://bit.ly/2nhgYiN
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!
Adam Trenk, partner, director of RLG cannabis and hemp departments, comments on passage of historic cannabis banking bill. Orange County Register reports on the House’s approval last week of the SAFE Banking Act. In RLGR, Adam Trenk weighs in on the “momentous” vote. http://bit.ly/2nVL4sm
Business group to challenge Arizona’s recreational marijuana effort. “But it’s not that members of the Arizona Cannabis Chamber of Commerce want to keep all adults from being able to use the drug. It’s that they don’t like some of the provisions.” A CMS/Howard Fischer report in Daily Star. http://bit.ly/2oI7TAj
From running back to wrestler, Julia Chambers is stiff-arming skeptics, thriving at Skyline. In the past, Chambers has “competed in wrestling, cross country and track and field.” The junior at Skyline High School can now add varsity running back to her multi-sport résumé. Try to tackle that, critics! CN. http://bit.ly/2nTJTd6
Inside Aspen: The mountain retreat for the liberal elite. “Aspen Institute has trained hundreds of the world’s business and political leaders” But there are some “who believe that Aspen embodies the establishment complacency that created the conditions in which populism fomented.” The Economist. http://bit.ly/2nTK5sQ
The simple words that save lives. Choosing the right term — “speak,” “willing” and “something else” rather than “talk,” “want,” and “anything else” — could “make all the difference when helping a person in crisis.” BBC. http://bit.ly/2nVNRSn
Arizona courts versus the Kremlin. A report called “Beyond the Ballot: How the Kremlin Works to Undermine the U.S. Justice System” has prompted the Arizona Supreme Court to create a “task force to study the effects that disinformation has on the court system.” AZ Cap Times. http://bit.ly/2nVLEq2
SNL returns with Oval Office chats about impeachment and a Democrat Town Hall. Alec Baldwin as President Trump, Larry David as Sen. Bernie Sanders — both hilarious,. But it’s former SNL cast member Maya Rudolph who crushes it as Sen. Kamala Harris in a sendup of a CNN Town Hall. WATCH in RLGR. http://bit.ly/2nbmYd3