How COVID is impacting tenant interest in Phoenix apartments; RLG attorney Dan Gauthier comments

By Angela Gonzales | Phoenix Business Journal Tenant traffic at metro Phoenix apartments has steadily improved since the beginning of April, according to a new report from Radix, a Scottsdale-based data research firm that tracks apartment activity nationwide. Research conducted through July 1 shows a narrowing gap in potential tenant visits to apartments compared with traffic during the same time …

The 1031 exchange deadline extension: Breathing room or double-edged sword? RLG attorney Dan Gauthier comments

By David Wieland | Forbes In the pre-coronavirus world, April 15 was an important date, representing the deadline for U.S. residents and citizens to file federal income taxes. However, in the current environment, that drop-dead deadline has been pushed to July 15, 2020. The upcoming mid-July deadline is also important for those making use of section 1031 of the U.S. …

A ROX interview with Saint Holdings President & CEO Jackob Andersen

President & CEO, Saint Holdings, LLC Jackob Andersen/ Golden Corridor Living Magazine (Disclosure: RLG represents Saint Holdings.) By Rock Earle | Golden Corridor Living Magazine I first met Jackob Andersen sometime in the early 2000s, introduced by a contractor partner, Tim Smith. He and I were in the final stages of our ownership (and redevelopment) of Eloy Industrial Park things were …

Don’t miss RLG’s New Economy (Virtual) Power Lunch…FRIDAY at noon!

Don’t Miss Rose Law Group’s New Economy (Virtual) Power Lunch…FRIDAY at noon! We’re back after our two-week hiatus and are ready to rock with another amazing panel! This week we will hear from industry leaders in the real estate, restaurant, and medical industries. They will provide us with an update on the current state of our community amid rising COVID-19 cases …

EXCLUSIVE: Empire Group/Dodgers/White Sox gain zoning approval

EMC Camelback Ranch Rendering/The Empire Group (Disclosure: RLG represents this case and The Empire Group.) By Rose Law Group Reporter Staff Last night, the Phoenix City Council unanimously approved a general plan amendment and rezoning for the Empire Group to allow for 18 acres of high density residential at Camelback Road and Ballpark Boulevard adjacent to Camelback Ranch the home …

Rose Law Group’s New Economy (Virtual) Power Lunch Season 1 Episode 13

Today, Rose Law Group hosted the thirteenth episode of The New Economy (Virtual) Power Lunch. RLG Founder and President Jordan Rose and RLG Co-Founder and Partner Court Rich curated a panel full of local all-stars from various industries including real estate development, real estate investment, general contracting and even the local art scene. They provided insight into how their industries are pivoting in the post COVID-19 …

Raintree Investment, Richmond American Homes rolling out new Avondale development

(Disclosure: Rose Law Group represents Raintree Investment Corp. and Richmond American Homes on this deal.) By Mike Sunnucks | Rose Law Group Reporter Phoenix-based Raintree Investment Corp. is developing a 435-lot new residential development in Avondale at Buckeye Road and 107th Avenue. The Avondale development is called Vista del Verde. Chris Janson, executive vice president for Raintree, said, said the first …

New IRS guidance provides additional relief and flexibility to Opportunity Zone investors, by RLG attorney Dan Gauthier and law clerk Peter Furlow

     Print       Email   By Rose Law Group Attorney Dan Gauthier and Rose Law Group Law Clerk Peter Furlow The opportunity zone program was enacted by Congress as part of the Tax Cuts and Jobs Act in 2017. It was designed to incentivize investment and drive economic growth in qualifying distressed communities. Congress encouraged investors by offering substantial tax benefits, such as deferral and stepped-up …

O-Zone funds work to regain mo; still ‘attractive option,’ says Dan Gauthier, RLG transactional attorney handling many Opportunity Zone investments

By Beth Mattson-Teig | National Real Estate Investor COVID-19 has created a new headwind for developers and sponsors raising capital for opportunity zone (OZ) investments. The 2017 tax reform legislation that created OZs unleashed a frenzy of new funds and groups chasing what was projected to be billions of dollars in fresh investment capital aimed at revitalizing economically distressed communities. …