November 23, 2024 6:15 pm
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Lennar buys in Casa Grande after backing out during Great Recession

(Disclosure: Rose Law represents Lennar.)

By Angela Gonzales | Phoenix Business Journal

Arizona’s largest homebuilder is back in Casa Grande.

After exiting the market during the Great Depression, Miami-based Lennar Corp. (NYSE: LEN) on Feb. 4 paid $6.78 million to Dolphin Partners for 115 finished lots in Casa Grande, according to Tempe-based Vizzda LLC real estate database.

This renewed interest comes at a time when major employers are setting up shop in Casa Grande, including Newark, California-based Lucid Motors Inc., which has completed the first phase of a large advanced manufacturing plant in Casa Grande.

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Rose Law Group Reporter, which provides Dealmaker’s content and service, is contracted by Rose Law Group. Rose Law Group is a full service real estate and business Law Firm practicing in the areas of land use/entitlements, real estate transactions, real estate due diligence/project management, special districts, tax law, water law, business litigation, corporate formation, intellectual property, asset protection, data breach/privacy law, ADA compliance, estate planning, family law, cyber-law, online reputation and defamation, lobbying, energy and renewable energy, tax credits/financing, employment law, Native American law, equine law, DUIs, and medical marijuana, among others. The views expressed above are not necessarily those of Rose Law Group pc or its associates and are in no way legal advice. This blog should be used for informational purposes only. It does not create an attorney-client relationship with any reader and should not be construed as legal advice. If you need legal advice, please contact an attorney in your community who can assess the specifics of your situation.