An artist’s rendering shows a potential look for the planned redevelopment of the Mint night club in Scottsdale, which the landowners want to redevelop into a hotel. (Photo courtesy of City of Scottsdale.) By Corina Vanek | Phoenix Business Journal All eyes remain on Old Town as a prime employment and redevelopment area in Scottsdale, even as other parts of …
Retail landlords offer COVID clauses in new leases; Rose Law Group Partner, Transactional Dept. Director Cameron Carter comments
By Esther Fung | The Wall Street Journal Retail landlords are including pandemic language in new leases, a previously rare feature as tenants seek protection after the first government-mandated coronavirus shutdowns in March complicated their negotiations for rent relief. Because many insurance policies didn’t cover pandemic-related losses, landlords have offered various concessions to attract and retain tenants, including allowing them …
Virtua Partners buys Phoenix area properties for $2.8 MM
Disclosure: Rose Law Group represent Virtua Partners (Editor’s note: News releases are published unedited, unless they contain factual errors.) By Iris Dorbian|The PE Hub Network Virtua Partners, a commercial real estate-focused private equity firm, has acquired 28 acres of land in the Phoenix area for $2.8 million. The properties will be developed into single-family residential housing. PHOENIX, June 26, 2017 /PRNewswire/ …
Marijuana businesses challenge real estate thinking; Rose Law Group Partner Ryan Hurley interviewed by ‘Business Journal’
By Angela Gonzales | Phoenix Business Journal Steve White had a tough time opening his first medical marijuana dispensary. That was in Tempe in May 2013, three years after voters approved the Arizona Medical Marijuana Act. “At the time, the program had just gotten started and landlords were skeptical and generally unwilling to rent to people,” said White, CEO of …