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 …

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 …

Dan Gauthier, Rose Law Group attorney, talks opportunity zone guidance today with Arizona Commerce Authority

Sign up for today’s Webinar, at 1 p.m. Arizona time, here: Arizona Commerce Authority The Arizona Commerce Authority invites you to join us for a webinar exploring the second round of guidance on Opportunity Zones and Funds. These proposed regulations, which were released in April, address critical issues for Opportunity Zone investing, including rules pertaining to: • Operating businesses seeking …

Coolidge Nikola plant lands in the top 20 deals by industry magazine

Disclosure: Rose Law Group represents Saint Holdings By Rofida Khairalla | Coolidge Examiner An industry publisher has listed Nikola Motor Company’s choice to bring its manufacturing plant to Coolidge as one of the most noteworthy business decisions of the year.  Site Selection Magazine, the official publication of the Industrial Asset Management Council, provides nearly 44,000 readers with information on expansion …