(Disclosure: Rose Law Group represents Shea Homes.)
By Angela Gonzales | Phoenix Business Journal (Photo via Vistancia Development)
Two giant real estate investment firms are partnering to buy the balance of Vistancia, a 7,100-acre master-planned community in Peoria.
Newport Beach, California-based IHP Capital Partners teamed up with Minneapolis-based Varde Partners to acquire the remaining 3,721 acres of land for development within Vistancia, which includes all 3,300 entitled residential dwelling units within the Northpointe at Vistancia community and 370 acres of commercial mixed-use development.
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