By Real Estate Daily News
TUCSON, ARIZONA, May 5, 2023 –Sunbelt Holdings entered the Tucson market in 2013 with the purchase of La Estancia and has since grown to one of the more active master-developers in the metro area. If you are a Tucson homebuilder, you are either in a Sunbelt community or considering one. With a portfolio of six large-scale masterplans located strategically around Tucson, Sunbelt appears to be positioned to become the largest provider of single-family lots in the marketplace over the next decade. Sunbelt’s growth comes at a time when the Tucson land and housing market is showing signs of a restart following last year’s pause in the wild acquisition wave. Sunbelt currently is in the final stages of approvals on 1,200 final platted lots that will be offered in the second half of the year.
Greg Mohl, vice president and head of Sunbelt’s Tucson operations, states “We have been very happy with the performance of the Tucson market. We continue to evaluate the need and format of lot delivery in the market and believe that we can assist the homebuilders in multiple locations to help them grow.”