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
[OPINION] SouthBridge 2 overturn is nonsensical approach. (Disclosure: Rose Law Group represents Spring Creek Development.) SCOTT adviser Kevin Maxwell underscores how — contrary to a “poppycock” notion peddled by a “small group” project bellyachers — tourism will actually “thrive with the completion of SouthBridge 2.” SI. http://bit.ly/2S8DqId
[OPINION] Outcry against Scottsdale Southbridge II project is stranger than fiction. “Signing the anti-Southbridge petition… is another way of saying you support having Scottsdale run by an angry group of unelected citizens with their finger on the trigger of nonstop outlandish petitions.” By: Scottsdale resident Larry Heath. SI. http://bit.ly/2S8mnGj
Hemp processing added to Coolidge’s city code; Omar Abdallah, Rose Law Group attorney handling hemp-related issues, is upbeat about the updates. Hemp doesn’t need as much water as other crops, and the ag industry is taking notice. So is Coolidge, which recently updated its zoning code to accommodate” the “shift” to hemp. For the Examiner report, plus Omar Abdallah’s comment on the updates, jump to RLGR. http://bit.ly/36UZTwK
Real estate investor garners huge return on East Valley retail property. (Disclosure: Rose Law Group represents Michael Pollack.) PBJ looks at how Michael Pollack, real estate re-developer and big-time developer of holiday cheer (see story below), turned a handsome profit by transforming distressed Sun Valley Plaza in Mesa into an “Amazon resistant” property. (Subscriber Content). http://bit.ly/2Mby2QF
Here’s how strong the Phoenix housing market looks.AZ Business Mag takes a deep dive into the RE/MAX National Housing Report, kicking things off with “a quick snapshot of local housing data.” http://bit.ly/38Td4Qp
Top 3 hottest housing markets in EV, survey finds. And “Gilbert tops them all, according to the home-and-condo-sale website RealtyHop.” EVT. http://bit.ly/35EcJ1P
EV leaders help open SKY at Chandler Airpark apartments. There’s not enough space here to list all the VIPs who attended the ribbon cutting for this 779,337-sq-.ft. property on Germann Rd. — but there IS at AZRE, which has names along with a rundown of the $64 million complex. http://bit.ly/2tA51b8
Buckeye approves economic development grants to help improve commercial properties. Four commercial properties will receive the grants, and reporter Mike Sunnucks knows which ones and how much each is getting. RLGR. http://bit.ly/2Q0elfX
Encanterra annexation into QC. The Town Of Queen Creek was slated to begin providing services to the Encanterra community this morning, “[n]ow that a final judgment has been entered in favor of annexation.“ STT. http://bit.ly/36SA7Js
New Loop 202 freeway to open ‘very soon,’ date uncertain. That was the word from officials who gathered Wednesday “to celebrate the completion of the long-awaited $1.7 billion roadway project.” Gov. Ducey and Mayor Gallego were among the speakers at yesterday’s event. Coverage and pics in AZCentral. http://bit.ly/36JFquC
Phoenix votes to raise fees on Uber, Lyft rides to airport despite promises of boycotts, lawsuits. The vote by City Council to increase Sky Harbor ride-share fees was 2-7, which, interestingly enough, is very close in number to the amount of fee hike ride-sharers could see. Reporter Mike Sunnucks has the actual dollar figures in RLGR. http://bit.ly/2EypsHs
Michael Pollack treats 20 Valley families to a $10,000 shopping spree. Thanks to real estate entrepreneur Michael Pollack, those families will each receive a $500 shopping spree at Goodwill in Tempe next week. And Pollack is bringing even MORE Christmas cheer, to help put Arizona families back to work this holiday season. Find out how in RLGR. http://bit.ly/2s5lUtH
Home for the holidays: How to talk to your family about housing. “As a gift to you this holiday season, the elves at the National Housing Center are offering this simple guide to help kids from one to 92 navigate conversations about housing.” Via NAHBNow. http://bit.ly/2S9wOcM
As a supplement to the Dealmaker, we thought you might enjoy these articles!
When dad turns out to be the fertility doctor. ‘Tech outpacing laws,’ says Rose Law Group family attorney Audra Petrolle. There’s must be a law against the shady practice of doctors using their own sperm to impregnate unsuspecting infertile patients, right? Not quite. As Audra Petrolle notes in her RLG comment on this NYT Mag report: “Until laws evolve to match technology, children who are the product of fertility fraud have limited recourse.” -> http://bit.ly/2ra6Af3
For the 3rd and final time. ” ‘Twas the day after impeachment, when all through the House…” A rework of that opener from the poem A Visit from St. Nicholas seems a fitting way to intro this timely quick-read by Senior Reporter/Writer Phil Riske. So dash away! dash away! dash away all! to RLGR, as that’s where you’ll find Phil’s writings and impeachment-related tidings. http://bit.ly/2M6Owd1
Arizona lawmakers split, as House takes historic vote to impeach Trump. More impeachment recapping, from Cronkite News. (And in case you’re not thinking “ENOUGH ALREADY!” these stories are also available with a click: “In Arizona,, the view of the impeachment depends entirely on one thing” • “Videos of Arizona congress members speaking about impeachment articles in floor debate.”) http://bit.ly/2PXw0F2
Will Democratic Sen. Kyrsten Sinema vote to convict the president? Just when you thought we were done with impeachment stuff (at least for now) comes this PAYWALL piece from AZCentral, which attempts to get a bead on how Sen Sinema will vote as the impeachment circus shifts to the R-controlled Senate. http://bit.ly/2PFJcPX
Navajo Nation threatens AG with lawsuit over elections procedures. Okay, so Sec. of State Hobbs “agreed to allow people who forgot to sign their early ballot envelopes an opportunity to ‘cure’ the defect” and AG Brnovich is objecting to the move. Meanwhile, the Navajo Nation isn’t happy with Brnovich over his objection. CMS/Howard Fischer sorts it out in his ACT report. http://bit.ly/2Mdy0YN