By Mike Sunnucks | Phoenix Business Journal
Maracay Homes paid $9.8 million for 82 homes sites in the Adora Trails development in Gilbert.
The master-planned residential development is at Riggs Road and Val Vista Drive in the East Valley.
Maracay — an arm of California-based TRI Pointe Group (NYSE: TPH) — bought the parcels from ATPD LLC.