Lennar loads up with new acquisition at Gladden Farms

(Disclosure; Rose Law Group represents Lennar, Mattamy Homes, Meritage Homes and Richmond American.)

By Jay Taylor | InMaricopa

MARANA, ARIZONA — Lennar Arizona, Inc closed on 212 lots (45’X120′ and 60’X120’) in Block 37 of Gladden Farms for $13,650,675. The finished lots were purchased from Gladden Phase II, LLC (Crown West Land Group, Dean Wingert, Vice President).

Lennar has built homes in Gladden Farms for many years, and this is the homebuilder’s second acquisition in the community in the past 12 months. The new neighborhood will be known as Sunstone at Gladden Farms. The sale represents the second home builder purchase in the latest phase of Gladden Farms which will include over 800 lots that will be purchased and developed in 2021.

Mattamy Homes purchased 115 lots in February of this year and an additional 423 residential lots are currently in escrow with other builders. See Real Estate Daily News March 5, 2021, Mattamy Homes enters Premiere Gladden Farms MPC.

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