By Shay Castle After an hours-long discussion and with the clock nearing 1 a.m. Wednesday, Boulder City Council voted 6-3 to temporarily ban development of office space and demolition of apartment buildings in a broad eastern swath of the city designated as a federal opportunity zone. Council members Bob Yates, Aaron Brockett and Jill Adler Grano dissented. “With this …
Richmond American Homes to build new neighborhood in Rancho Sahuarita
(Disclosure: Rose Law Group represents Richmond American Homes) By Karen Schutte | Real Estate Daily Mews Richmond American Homes is the second homebuilder to join Rancho Sahuarita’s newest neighborhood of Entrada Del Rio, with the purchase of 42 finished lots for $2.41 million ($57,286 per lot). Last month, Lennar closed on the first 82 lots in the neighborhood. Entrada Del …
The latest developments on Talking Stick Resort Arena renovations
(Disclosure: Rose Law Group represents the Phoenix Suns.) By City of Phoenix While the city owns the building, the Phoenix Arena Development Limited Partnership (PADLP) oversees the day-to-day operation of the Arena. The PADLP is an affiliate of the Suns. The contract between the city (“landlord”) and the PADLP (“operator”) could expires as early as 2022. This contract has …
$15 Billion in anticipated Opportunity Zone investment identified by NCSHA; Dan Gauthier, Rose Law Group transactional attorney handling many Opportunity Zones, comments on O-Zones wide-ranging investment potential
By NCSHA WASHINGTON, DC — The National Council of State Housing Agencies (NCSHA) has released a significantly expanded third edition of its Opportunity Zone Fund Directory featuring 53 Qualified Opportunity Funds (QOFs) representing nearly $15 billion in anticipated investment in designated high-poverty neighborhoods. NCSHA reviewed public information on these 53 funds and found the following. READ ON: “Although the early …
City explains tourist tax for renovations to Talking Stick Resort Arena
Disclosure: Rose Law Group represents the Phoenix Suns. The City of Phoenix has launched a website, https://www.phoenix.gov/arena#Arena06, which provides information and updates about the status of Talking Stick Resort Arena. The website provides information regarding the economic impact of the city-owned arena. The city is the building’s landlord and the Suns operate and maintain the building for the city. …
How Rose Law Group partner, Adam Trenk, helped prevent NYC’s helicopter tourism industry from being grounded
Rose Law Group Reporter Staff Before moving west to seek higher education and getting politically involved in Arizona, Adam Trenk, partner at Rose Law Group, grew up riding horses in New Jersey. But from a young age, he was also fully immersed in the urban aviation landscape in and around New York City. Adam then cut his teeth as a …
Shea Homes closes on 15 acres at The Estates at Eastmark
Disclosure: Rose Law Group represents Shea Homes AZBigMedia Shea Homes Arizona recently purchased 15 acres at the southwest corner of Ray Road and Signal Butte Road in Mesa, with 39 homesites planned for phase two of The Estates at Eastmark community. Shea is the fourth homebuilder to announce plans to build in this exclusive development, joining Richmond American, Taylor-Morrison, …
For 5th year, Rose Law Group named one of ‘Phoenix Business Journal’s’ Best Places to Work in the Valley
By Callan Smith | Rose Law Group Reporter To further bring in the holiday season, Rose Law Group pc received the gift of recognition from the Phoenix Business Journal as one of the Best Places to Work in the Valley for the fifth year. In total, 118 companies were recognized, from micro-sized to extra-large companies. Of the total, Rose Law Group pc …
HUD secretary to lead Opportunity and Revitalization Council; Dan Gauthier, Rose Law Group transactional attorney handling many Opportunity Zones, comments
DS News U.S. Housing and Urban Development Secretary Ben Carson was named the chairperson of the White House Opportunity and Revitalization Council that was established through an Executive Order signed by President Donald Trump on Wednesday. The council, which will consist of 13 federal member agencies will engage with governments at all levels on ways to more effectively use taxpayer dollars to revitalize low-income …
With Apex memberships come great expectations
By Raquel Hendrickson | InMaricopa (Disclosure: Rose Law Group represents Apex Motor Club.) As Apex Motor Club begins to rise out of 278 acres on the northwest corner of State Route 238 and Ralston Road, Club members have specific expectations for the private racetrack. Joe Rueda of Scottsdale drives a BMW M3 as a dedicated racecar and a Porsche as …