April 23, 2024 11:16 pm
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More land deals for KB

(City of Phoenix)

By AZRE | AZ Big Media

Land Advisors Organization’s Metro Phoenix Homebuilding team announced the closing of two land sales to KB Home in the much sought-after West Valley of Metro Phoenix on behalf of KB Home Phoenix, Inc. The two sales total $9.2 million for 109 acres, which is being developed into new homes.

Most recently, KB Home acquired nearly 80 acres of land located at the NWC of Apache Boulevard and Southern Avenue in Buckeye, Arizona, for $5.85 million from MPC Mystic, LLC. The site, known as Mystic Vista, is planned for approximately 293 lots in this first phase. KB Home plans to offer a mix of single and two-story homes ranging in size from 1,300 to 2,900 square feet. Land Advisors Organization’s homebuilding team of Ryan Semro, Ben Heglie and Bret Rinehart represented the seller 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.