Proposed Opportunity Zone guidance: Can investors move forward?

By Dan Gauthier, who is a Transactional Attorney at Rose Law Group working on a lot of opportunity zone projects. The following does not represent legal advice. Potential investors have been anxiously awaiting guidance from the Treasury Department on the Tax Cuts and Jobs Act of 2017’s Opportunity Zones Program (“Program”). The first round of such guidance was issued last Friday …

New ‘Opportunity Zone’ tax-break rules offer flexibility to developers; RLG Founder and President Jordan Rose comments

By Richard Rubin | Wall Street Journal The Trump administration proposed guidelines Friday that will help investors use a new tax incentive that encourages development in low-income areas. The Treasury Department designed the rules for the Opportunity Zone program to give businesses enough flexibility and certainty to start making major investments, said senior department officials. The program, with bipartisan roots, was a small …

Development plans near Chandler airport raise concerns

Disclosure: Rose Law Group represents several businesses at Chandler airport By Madeline Johnson | Arizona Republic Residents in the Lantana Ranch neighborhood near Chandler’s airport are upset over a proposed warehouse and distribution center they fear will overload the road with semis. About a mile away, the city’s Airport Commission raised concerns about a cabinet-maker that wants to open shop. Both projects …

Lucid could get $8M in local tax incentives

Disclosure: Rose Law Group represents the landowner who helped make this project a reality By Kevin Reagan | Casa Grande Dispatch The city and county may offer $8.2 million in incentives to the developers of an electric-car manufacturing plant, according to the terms of a proposed development agreement discussed Thursday among public officials. After announcing last month it had financial …

Richmond American Homes opens In Goodyear

(Disclosure: Rose Law Group represents Richmond American Homes in other projects.) Estrella by Newland Communities Continues to Grow Builder Portfolio with  the Return of Richmond American Homes (Editor’s note: News releases are published unedited, unless they contain factual errors.) GOODYEAR, Ariz. (October 10, 2018) – Newland Communities recently announced the addition of Richmond American Homes to its master-planned community, Estrella. Located …

EPCOR to meet San Tan Valley residents during open house; Rose Law Group Senior Partner Court Rich ‘hopeful’

By Heather Smathers | Pinal Central Community members will be able to ask questions of the company managing water and sewer services in San Tan Valley. Representatives from EPCOR Water will host an open house for customers of Johnson Utilities to ask questions and to better understand EPCOR’s interim management of Johnson, said EPCOR spokeswoman Rebecca Stenholm. Earlier this year …