January 14, 2025 4:49 am
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Rose Law Group

Lennar buys more lots at huge community

Via Brookfield Residential

(Disclosure: Rose Law Group represents Lennar.)

By Angela Gonzales | Phoenix Business Journal

Miami-based Lennar Corp. (NYSE: LEN) paid $49 million for more vacant land at Blossom Rock at Superstition Vistas, a 1,400-acre master-planned community in the far East Valley being developed by Brookfield Residential.

Lennar paid Brookfield $37.34 million for 121.88 acres of vacant land and another $11.55 million for 120 lots at Blossom Rock, closing on Dec. 19 and Dec. 23, according to Tempe-based real estate database Vizzda LLC.

Read the full subscription story from the Phoenix Business Journal.

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