Sunday, June 17, 2018

What is EQUITY REPOSITIONING? What does EQUITY REPOSITIONING mean? EQUIT...

Huh? How'z about 1031 Tax Exchanges [they've been extended]...."Unrealized" Capital Gains ... where to put it > REITs, family trusts, LLCs, holding companies ......

Published on Jun 15, 2018
What is EQUITY REPOSITIONING? What does EQUITY REPOSITIONING mean? EQUITY REPOSITIONING meaning - EQUITY REPOSITIONING definition - EQUITY REPOSITIONING explanation.
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Equity Repositioning is the financial strategy of taking an equity rich asset base and repositioning those assets into a diversity of investment vehicles. The idea is to borrow against the equity value of a property and reposition that capital. This strategy is aimed at earning a rate of return greater than the cost to borrow the funds.
Equity is the monetary value of a property or business beyond any amounts owed on it in mortgages, claims, liens, etc. Repositioning means to place or put something in a new position; to position again.

PENTAGON ADMITS AFGHANISTAN'S NEW BLACK HAWKS CAN'T MATCH ITS OLDER RUSS...

15 years and How many Trillion$$$$$$$$$ of dollars thrown away in Afghanistan....Hold on, let's not talk about that

You Believe This? Water (and plenty of it!) in Greater Phoenix

We're 18 years into Drought
Published on Jun 5, 2009
More than 100 years of visionary planning and significant investments in the water supply system have helped Greater Phoenix prepare for growth. The Arizona Department of
Water Resources works to secure long-term water supplies for Arizona's communities.
Our region benefits from four major water sources:
1. Colorado River water delivered by the Central Arizona Project.
2. Salt River and Verde River water delivered by SRP.
3. Groundwater supplies that are replenished through recharge projects.
4. Stored water underground that can supplement surface water when low run-off occurs.

The watersheds that serve Greater Phoenix benefit from two different weather patterns. As a result, at least one of the watersheds typically receives average or above-average precipitation each year.

Saturday, June 16, 2018

What's Next For Ryan Winkle? ABC 15 Lets Him Tell The Story

Former Mesa Councilman Ryan Winkle reflects one year after DUI arrest

Episode 2 > Every Building Tells A Story: Detention Facility For "Unaccompanied Minors" Here In Downtown Mesa

Per usual practice of your MesaZona blogger, curiosity sometimes get me going.Like about three years ago getting-around just by chance noticing an empty neglected boarded-up building on 2nd Avenue that looked there was an original size-able plan and investment for it that didn't quite work out as planned. . . The image to the left shows how it appears today - just this morning as a matter of fact. It was a mystery until getting an article in a newsfeed months ago and bookmarking it for future reference.
Asking around, no one knew anything about it. Then one day about 18 months ago, it looked occupied and fixed-up, so I went in the entrance to find out what good thing turned this abandoned property around - only to be greeted cautiously if not a guarded stand-off in apprehension to an unexpected visitor, being more or less told it's for kids, get out. Hmmm.
There was some sign inside that read:
Southwest Key.
That's all I knew, except that Southwest Key operates other care facilities in Mesa.
What your MesaZona blogger did not realize until "catching some news" on YouTube two days ago that Southwest Key was making-the-news closer to the Mexican border:
> Scroll down for excerpt from an article in New York Magazine 16 hours ago about the SWK detention facility in Texas

Story image for southwest key from Washington Post
Washington Post-Jun 14, 2018
“They used to do oil changes in here,” said Martin Hinojosa, director of compliance for Southwest Key Programs, the nonprofit group that runs ...  
 
Story image for southwest key from New York Magazine
New York Magazine-16 hours ago
Southwest Key Programs is licensed to operate 26 similar facilities in three states, housing 5,129 immigrant children — nearly half of the ...
 
 
 
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Reporters Tour Texas Facility Where Migrant Children Are Detained
by Margaret Hartmann
One creepy Trump mural is still too many. Photo: HHS handout.
The Trump administration’s new “zero tolerance” policy calling for the prosecution of everyone who illegally enters the United States has led to the separation of parents from their children at the border, as parents are sent to jail and children are placed in government custody. It’s estimated that more than 1,358 children have been separated from their parents since October, and now for the first time since the Trump administration announced the policy, journalists have been allowed inside a shelter for the children, who are now deemed “unaccompanied minors.”
The U.S. Department of Health and Human Services arranged for the media tour on Wednesday, less than two weeks after Senator Jeff Merkley was denied entry. . .
Southwest Key Programs is licensed to operate 26 similar facilities in three states, housing 5,129 immigrant children — nearly half of the roughly 11,200 kids currently in federal custody.
“We’re trying to do the best that we can taking care of these children. Our goal ultimately is to reunite kids with their families,” said Juan Sanchez, Southwest Key’s founder and chief executive. “We’re not a detention center … What we operate are shelters that take care of kids. It’s a big, big difference.”
Jacob Soboroff, who toured the facility with fellow journalists, tweeted about his experience on Wednesday night and filed a report on MSNBC. He said that while the children seem well cared for, “effectively these kids are incarcerated. . . "
Read more >>
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THE LOCAL CONNECTION: Here in Mesa there are not one, but two
05 March 2016: Southwest Key, which operates a federally funded "holding and education area" on the southwest corner of Country Club and Brown roads for unaccompanied minors who have entered the U.S. illegally, has been approved for an additional facility at 723 E. Second Ave. that will house 280 to 320 children.
. . . Reese L. Anderson, of Pew and Lake PLC, represented Cornerstone Properties and Southwest Key at the meeting.
The development will be in a former assisted-living facility in four buildings on 2.54 acres, according to a justification document filed by the applicant and available at
http://mesa.legistar.com.
“This is the existing, old – and it has been vacant for a year-plus – Greenfields Assisted Living Facility. It’s a five-story building,” Mr. Anderson said at the meeting.
“What this proposal is, is to take this older building and put a great use in it now. The federal government operates what is called the unaccompanied minors program. It’s administered through the Department of Homeland Security Office of Refugee and Resettlement. This is where minors who are here in this country illegally are housed, they’re educated, they’re taken care of medically, mentally. They have schools. They get check-ups. This is where they’re taken care of by the federal government. They’re here for an average time of two to six weeks as the government works to reunite them either with family here in the states or back in their country of origin,” he said. . . . Southwest Key operates nine facilities in the Valley, he said.
Mesa Board of Adjustment voted 7-0 at a meeting March 2 to approve a special use permit to allow a group home in the RM-4 zoning district.
“I find the cause to be good and the operation to be clean and find myself in support of it,” Vice Chairman Trent Montague said at the meeting.
Voting yes were Chairman Mark Freeman, Vice Chairman Montague and board members Wade Swanson, Ken Rembold, Steven Curran and Jessica Sarkissian."
Source:

Caught-On-Body Cam Again: Mesa PD Brutality

Surely, more headlines about excessive officer-involved use of force by our civilian police officers paid to serve and protect the public here in Mesa are drawing attention here, in national sensational news and all around the world as well. There's now a third accusation of beatings, based on what might be an officer anticipating he was "in danger of an eminent attack" . . . sounds more like how new recruits are trained in military and special operations battleground scenarios than civilian law enforcement in The Homeland.    
An 'internal investigation' was announced, an investigation by the Scottsdale Police Department was announced, another investigation by a retired Rick Romley, and one more.
Warning: Bloody Graphic Image:
Story image for mesa arizona from WTHR
WTHR-10 hours ago
(KPNX) Already under scrutiny over allegations of excessive force, the Mesa Arizona Police Department is under fire after body camera video shows an officer ...
 
Story image for mesa arizona from New Jersey Herald
New Jersey Herald-Jun 15, 2018
Arizona police officers hit, mock bleeding suspect on video ... For the third time this month, body camera videos from the Mesa Police Department have put the ...

Story image for mesa arizona from Reuters.com
Reuters.com-Jun 15, 2018
New police video shows Mesa, Arizona officers punch and mock a bleeding suspect during a violent arrest. It's the third video to surface showing Mesa officers ...
Story image for mesa arizona from HuffPost
HuffPost-Jun 15, 2018
An unarmed man who was punched repeatedly by Mesa, Arizona, police on bodycam footage said officers laughed after they brutalized him so badly that he ...

Friday, June 15, 2018

Don't Complain If You Don't Ask or Don't Get Active + Don't Get Involved

We don’t lack the data, the resources, or the solutions to solve the affordable housing crisis,” . . .  We lack only the political will to fund the solutions at the scale necessary, and ensuring that all families have a safe and stable place to call home by expanding the supply of affordable housing should be a public policy priority.” . . it’s not just minimum-wage workers who are struggling with rents.
_________________________________________________________________________
Here's your opportunity to find and support leaders who do have the will: Who?
> In Mesa:
   4 seats on the City Council
> In the Arizona State House:
   State Senate:
   State Legislature:
> In the U.S. Congress:
   The Senate:
   The House:
_________________________________________________________________________
The average renter in the country earns enough to afford a two-bedroom apartment in just 11% of the nation’s counties.
“This will be an issue for the foreseeable future,. . . Seven of the 10 occupations projected to add the greatest number of new jobs by 2026 provide a median wage that’s less than the one-bedroom housing wage.” These jobs include medical assistants, personal-care aides, janitors, and waiters.

AFFORDABLE HOUSING FINANCE
Housing Moves Further Out of Reach of Low-Wage Workers
A worker must earn $22.10 per hour to afford a two-bedroom apartment.

National Low Income Housing Coalition
The gap between wages and rents across the country continues to grow and will be an issue for years to come

_________________________________________________________________________
A minimum-wage worker can’t afford a 2-bedroom apartment anywhere in the U.S.
"The economy’s booming. Some states have raised minimum wages. But even with recent wage growth for the lowest-paid workers, there is still nowhere in the country where someone working a full-time minimum wage job could afford to rent a modest two-bedroom apartment, according to an annual report released Wednesday by the National Low Income Housing Coalition.
. . . Even the $15 living wage championed by Democrats would not make a dent in the vast majority of states. . . Downsizing to a one-bedroom apartment will only help so much.
According to the report, a one-bedroom is affordable for minimum-wage workers in only 22 counties in five states: Arizona, California, Colorado, Oregon and Washington. Those states all set their minimum wages higher than the federal minimum of $7.25.
The low-wage workforce is projected to grow over the next decade, particularly in service-sector jobs such as personal-care aides and food-preparation workers.
Meanwhile, the Trump administration has tried cutting federal housing subsidies for the lowest-income Americans. As it stands, only 1 in 4 households eligible for federal rent assistance gets any help, the report said. Housing and Urban Development Secretary Ben Carson recently proposed tripling rent for the poorest households and making it easier for housing authorities to impose work requirements on those receiving rent subsidies.
Here is how your state stacks up in terms of housing costs: