Homebuilders enter escrow for new 1,200-acre master-planned community in Mesa

(Disclosure: Rose Law Group represents Lennar and Taylor Morrison.)

By Angela Gonzales | Phoenix Business Journal

Homebuilders and developers are paving the way for thousands of new homes on 1,200 acres of land that once was occupied by dairy farmers.

All of the land is under contract, with homebuilders and developers expected to close escrow over the next few months, representing $140 million in land sales, said Nate Nathan, designated broker for Scottsdale-based Nathan & Associates Inc.

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“It’s so exciting to see these families realize their dreams and be able to protect their future,” Jordan Rose, Rose Law Group founder and president, said of the dairy farmers.

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