November 17, 2024 5:29 am
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Empire Group bringing build-to rent to Tolleson

(Disclosure: Rose Law Group represents The Empire Group.)

By Land Advisors Organization | AZBEX (Photo: Land Advisors Organization)

Land Advisors Organization’s Metro Phoenix Homebuilding team announced the closing of a land sale in the West Valley of Metro Phoenix on behalf of Empire Village at Paseo de Luces, LLC, The Empire Group of Companies. The sale fetched $7.8M for 21 acres, which will be developed into a single-family build-to-rent community. It will be the fourth such development in the West Valley for The Empire Group of Companies.

The project, Village at Paseo de Luces, is planned for approximately 272 units at the E-NEC of 99th Avenue and Van Buren Street in Tolleson. The Empire Group of Companies plans to offer single-family rental homes ranging in size from +/-700SF to 1,300SF in one-, two- and three-bedroom floorplans. Land Advisors Organization’s homebuilding team of Bret Rinehart and Ryan Semro represented the buyer in the transaction.

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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.