Has the question about leases been answered in the new O-Zone guidance? Dan Gauthier, Rose Law Group transactional attorney handling many Opportunity Zone investments, answers

By Dan Gauthier, Rose Law Group Has the question about leases been answered in the new Opportunity Zone guidance? The recent guidance answered several questions about leased property. For one, leased property can qualify as a good asset for Qualified Opportunity Zone Business, and it has no original use or substantial improvement requirements. Second, we now know ground leases are …

New high-rise apartment tower opens downtown

Disclosure: Rose Law Group represents the developer of The Stewart By Tim Gallen | Phoenix Business Journal A new apartment tower has opened in downtown Phoenix. The Stewart, an $80 million multifamily project at Central Avenue and McKinley Street, celebrates its grand opening May 22 after years of being in the works. Jim Poulin, photo editor with the Phoenix Business …

Phoenix becomes a powerhouse in data center development; incentives key, says Rose Law Group Founder and President Jordan Rose

AZBigMedia The whispers and hints of big things happening in the Phoenix data center market are now full-fledged roars and the market is no longer a sleeping giant. The giant has awoken. The Phoenix area has exploded with data center development. In Goodyear alone, three companies — Stream Data Centers, Vantage Data Centers and Compass Datacenters — have announced plans to …

What question remains after opportunity Zone guidance? Dan Gauthier, Rose Law Group transactional attorney handling many Opportunity Zone investments, provides his take

By Dan Gauthier, Rose Law Group What is a question that the new Opportunity Zone guidance has not yet addressed that you feel the marketplace really needs a direct answer? Opportunity Funds, investors, and communities alike want to know what anti-abuse rules apply to Opportunity Funds – in other words, what conduct may cause a Fund to be de-certified or …

The NFL concussion settlement just keeps getting worse and worse; Jonathan Udell, Rose Law Group class- action attorney, says order seeks to prevent fraud

By Dom Cosentino | Deadspin In what plaintiffs’ attorneys view as a total disaster, the federal judge overseeing the NFL concussion settlement on Thursday denied a motion to reconsider rules changes for physicians she had approved last month. Those changes, as noted earlier, stand to make it even more difficult for players to get paid and represent an enormous victory …

Can a 10 year opportunity zone investment be sold? Dan Gauthier, Rose Law Group transactional attorney handling many Opportunity Zone investments, gives insight

By Dan Gauthier, Rose Law Group Question: We hear the Federal Government gave more guidance on opportunity zone regulation. What was the most previously frequently asked client question that the new guidance answered? Answer: Fund principals and investors want to know whether they can sell assets during the 10-year hold and reinvest those proceeds without tainting those dollars. Now we …

Jordan Rose moderates panel of the best of the best homebuilders and developers in Arizona, all bullish on Pinal County

By Callan Smith | Rose Law Group Reporter Top homebuilders gathered this morning to talk Pinal County housing for Pinal Partnership at Trilogy at Encanterra, a Shea Homes Master-Planned in San Tan Valley. The community was purchased by Shea in 2005 before the downturn and encompasses 745 acres, with a golf course, 22 acres of lakes and a club house, …

Lucid, Nikola seen as key to creation of support businesses in Pinal

By Rodney Haas | Casa Grande Dispatch The announcements of Lucid Motors and Nikola Motor Company plants have put a spotlight on the region, according to Bill Honsaker. Honsaker, who is a managing director for Jones Lang LaSalle Americas Inc., the second largest commercial real estate company in the world, said those announcements have created a buzz and an interest …

Female-led land investment firm buys first parcel in West Valley

Disclosure: Rose Law Group represents SLM Land Holdings By Corina Vanek | Phoenix Business Journal Three women looking to make investing in land easier for smaller groups closed on their first investment parcel in the West Valley. Anita Verma-Lallian, Eileen Jain Sahai and Smita Patil Mehta formed SLM Land Holdings with the goal of allowing people who want to invest smaller amounts to buy …

Equestrian Federation reins in CBD use; Laura Bianchi and Adam Trenk, Rose Law Group partners, comment

US Equestrian Tasked with protecting the welfare of equine athletes and ensuring the balance of competition, the US Equestrian Federation (USEF) Equine Drugs and Medications Program consistently monitors new products and product claims. From time to time, new products appear on the equine supplement market claiming to enhance a horse’s performance. Over the last several years, cannabinoids have gained increased …