Company said pricing on luxury homes should begin in the $700,000s
Builder
The New Home Company, Aliso Viejo, Calif. (NYSE: NWHM) said Monday it has acquired land for a collection of 53 spacious single-family homes, called Belmont, within the master-planned community of Somerset in Gilbert, Arizona.
It purchased the 53 homesites from a partnership of LeSueur Investments IX, LLC and Landmark Property Holdings, LLC, the owners of Somerset.