Nevada homebuilder closes on land in Gilbert

By Angela Gonzales | Phoenix Business Journal

Nevada-based Tri Pointe Homes Inc. (NYSE: TPH) has closed on a 137-acre parcel in Gilbert with plans to build 468 homes.

This $45.23 million purchase represents the last parcel within Tri Pointe’s Waterston 480-acre master-planned community that will include 1,284 homes upon completion.

Read the full subscription story from the Phoenix Business Journal.

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