(Disclosure: Rose Law Group represents Lennar.)
By Real Estate Daily News
TUCSON, ARIZONA (December 24,2024) — Lennar Arizona, (Ginger Kneup, Lennar Land Acquisition Manager-Tucson Division) added to its position in the Rocking K master-planned community in Vail. The 33 SFR lots were 45’ X 120’ and located in Rocking K South Neighborhood BB. The builder recently paid $4,564,890 ($138,330/lot) for the second takedown for 121 homesites, including 3 model lots, under the Millrose Properties Arizona, LLC entity.
Read about the initial takedown in September here: https://realestatedaily-news.com/lennar-continues-tucson-acquisition-surge-adds-new-finished-lots-from-forestar-at-rocking-k-mpc/
Mattamy Tucson, LLC (Briana Rader, Director of Land Acquisition-Tucson) closed on 73 finished lots at Blackhawk at the SWC of Wilmot and Interstate 10. The lots were 40’X110’. The builder paid $7,300,000 ($100,000/lot).
Forestar (USA) Real Estate Group Inc. sold the lots in both transactions. Forestar continues to be extremely active in the Tucson market.