By AZRE | AZ Big Media
Equity Land Group, a Phoenix-based land investment and development company, announced today it has closed on its first two properties in Arizona for a combined purchase price of $2 million.
Founded by a dynamic team including Anita Verma-Lallian, of Vermaland and Arizona Land Consulting, as well as Smita Patil Mehta, an Phoenix-based physician, Equity Land Group focuses on shorter term properties with development opportunities.
“Coming from an extensive background in land holding, investment and development, creating a new venture with Smita felt right as we’ve become a trusted source to non-typical real estate investors such as doctors, financial advisors, attorneys and others looking to invest in land parcels,” said Verma-Lallian. “We’re already starting to see a trend emerge with an increased demand in the Valley for land and know that as businesses grow, relocate and more, we can help be a resource for them.”