November 21, 2024 5:20 am
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Builders snag hundreds of lots in West Valley MPC

Via Estrella

(Disclosure: Rose Law Group represents Lennar, Richmond American, and Toll Brothers.)

By Angela Gonzales | Phoenix Business Journal

Under new ownership, the 20,000-acre Estrella master-planned community in Goodyear has sold hundreds of lots to homebuilders within the past year.

Most recently, Miami-based Lennar Corp. (NYSE: LEN) paid $48.9 million for 359 lots and Denver-based Richmond American Homes paid $25.6 million for another 149 lots at Estrella, according to Tempe-based real estate database Vizzda LLC.

Read the full subscription story from the Phoenix Business Journal.

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