Yearly Archives: 2016
Salt River Pima-Maricopa Indian Community Economic Development
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April 26, 2016
Quannah Dallas Economic Development Department Manager, Salt River Pima-Maricopa Indian Community By any measure, 2016 will be outstanding for the Salt River Pima-Maricopa Indian Community. Years ago its elected Council limited commercial development to the community’s borders to preserve, for its members and visitors, the open landscape and views of Red Mountain. That plan has… Read more
Land Market in Maricopa and Pinal Counties
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April 26, 2016
Nate Nathan President & Designated Broker, Nathan & Associates, Inc. In the second quarter of 2016, Maricopa and Pinal counties are experiencing a growth spurt which is gaining momentum each day. When the federal government shut down and FHA dropped their maximum lending rate taking approximately 20 percent of home buyers out of the market… Read more
Court Rules that Provisional Remedies Apply to Breach of Lease
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April 25, 2016
Christopher J. Charles, Esq. Provident Law The Maricopa County Superior Court recently ruled in favor of Provident Law’s client and found that Arizona’s provisional remedies statutes, A.R.S. §§ 12-1521 and 12-2402(A), apply to breach of lease disputes. This ruling provides landlords with significant leverage for collecting unpaid rent from tenants. Provisional remedies provide creditors… Read more
What Makes a Practitioner a Professional?
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April 25, 2016
Judy Lowe Commissioner, Arizona Department of Real Estate As I do my Arizona Department of Real Estate Outreach around Arizona, I hear from real estate practitioners and consumers who believe that some real estate licensees do not meet minimum standards of professional and ethical practice, do not possess the real estate knowledge necessary to… Read more
Starting a Career in Commercial
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April 25, 2016
Bob Mulhern Managing Director, Colliers International NAIOP Board Member I am regularly contacted by people who want to know how to enter the commercial real estate market as a broker. In a specialized industry like commercial real estate, it is natural to assume that industry experience is required. Although this was true at one… Read more
Phoenix Metro Apartments: An Investment and Development Viewpoint
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March 28, 2016
Joseph Meyer President & CEO, Meyer Development & Construction Services, Ltd. Drive around town and you can’t seemingly go more than a mile without encountering another newly completed apartment project – or one that’s under construction. At least that’s the case in the East Valley where distinct pockets of swank new apartments are fetching… Read more
Arizona Multihousing Legislative Progress
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March 28, 2016
Tom Simplot President & CEO, Arizona Multihousing Association Fifty years ago, the Arizona Multihousing Association (AMA) was formed after a group of apartment operators joined together to promote and advocate for a fair and competitive housing market. Today, the mission of the AMA remains the same in protecting the interests of ethical rental housing providers… Read more
Recruiting for Today’s Employment
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March 28, 2016
Max Hansen CEO, Y Scouts, Inc. If you’re an employer in Phoenix metro with aggressive growth goals, then you better start prioritizing recruitment. A couple years ago employers had their pick when it came to hiring a quality candidate. As the economy has improved, the job climate has changed. Today it’s harder than ever to… Read more
Equitable Subrogation and the Replacement Doctrine
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March 28, 2016
David Allen Partner, Jaburg & Wilk All real estate professionals and investors are familiar with the concept of the priority of liens. As a general rule, when there are multiple liens recorded against a property, the one that is recorded first is “superior” to the one that is recorded later, which, in turn, is “subordinate”… Read more
Market Summary
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March 28, 2016
Michael Orr Journal Columnist Founder and Owner, Cromford® Report During 2015 the Greater Phoenix housing market gained strength from February through July with tight supply below $250,000 and healthy demand for the mid ranges between $250,000 and $500,000. The high-end luxury market also had an excellent first half, but lost a lot of momentum… Read more