Waiting for distressed Valley multifamily deals? Nothing to see here, at least not yet

Twitter By Angela Gonzales | Phoenix Business Journal Out-of-state investors circling the Valley that are waiting to swoop in and buy distressed multifamily units in the region may be waiting a while. Cameron Carter, a partner at Phoenix-based Rose Law Group who is heading up a new practice group focused on strategic due diligence and opportunistic acquisitions, said he’s expecting some distress …

Home prices continue rising in O-Zones; Dan Gauthier, RLG transactional attorney handling many Opportunity Zone investments, comments

AZ Business Magazine | AZBigMedia ATTOM Data Solutions, curator of the nation’s premier property database and first property data provider of Data-as-a-Service (DaaS), today released its first-quarter 2020 special report analyzing qualified Opportunity Zones established by Congress in the Tax Cuts and Jobs act of 2017 (see full methodology below). In this report, ATTOM looked at about 3,000 zones with …

COVID-19 and Real Estate: ‘I think this will forever change our industry’

By Mike Sunnucks | Rose Law Group Reporter The impacts of COVID-19 are prompting some revolutionary changes to the home building and real estate industries. That is according to two top industry CEOs — Taylor Morrison Homes Chair, President and CEO Sheryl Palmer and Meritage Homes Chairman and CEO Steven Hilton. Palmer and Hilton talked about how COVID-19 is propelling …

NAR sued over pocket listings policy; could have ‘significant impact,’ says Cameron Carter, RLG Partner and Transactional Department Director

By Candace Taylor | Wall Street Journal The real-estate industry’s largest trade association, the National Association of Realtors, and two of its affiliates are facing a federal antitrust lawsuit challenging a new rule that effectively bans NAR members from marketing homes privately, or “off-market.” The lawsuit was filed Monday in the U.S. District Court for the Northern District of California …

End of an era: Mesa will annex dairy farms and county land for Hawes Crossing development

(Disclosure: Rose Law Group represents Hawes Crossing.) By Alison Steinbach | The Republic Mesa will annex dairy farms and county land to make way for a planned mixed-use project called Hawes Crossing in the southeast corner of the city. After four years, numerous studies and dozens of plan iterations, the City Council voted Monday to approve Hawes Crossing — but not without significant debate. Council members faced …

Mesa City Council approves Hawes Crossing

(Disclosure: Rose Law Group represents Hawes Crossing.) By Angela Gonzales | Phoenix Business Journal During a virtual hearing Monday night, Mesa City Council approved the 1,200-acre Hawes Crossing development. With 102 speakers in support during the virtual hearing, Council voted 6-1 on what is the largest master-planned community to be approved in the Valley during the past 11 years, said Jordan …

Don’t miss Rose Law Group’s New Economy (Virtual) Power Lunch Season 1 Episode 5

Don’t Miss Rose Law Group’s New Economy (Virtual) Power Lunch…This Friday, Rose Law Group is hosting the fifth episode of the only virtual power lunch in Arizona! Join the conversation as our panel of industry leaders discusses the latest on COVID-19 and its impact on small business and real estate. This week, a group of highly accomplished and vibrant personalities from the …

IRS Extends Deadlines For 1031, Opportunity Zone Investors; RLG Partner Cameron Carter Comments

By Jarred Schenke | Bisnow Atlanta Investors who have like-kind exchange or opportunity zone deadlines between April 1 and July 15 now have a little more time to close their deals. The IRS issued new guidance Thursday night that granted all taxpayers, including “trusts, estates, corporations and other non-corporate tax filers” a filing extension until July 15. The National Association of Realtors told its members the …