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.

Share this!

Additional Articles

Home sales slip

By National Association of Realtors Bad weather and fewer homes for sale may be bringing a deep freeze to the housing market this winter. Existing-home sales—including single-family homes, townhomes,

Read More »
News Categories

Get Our Twice Weekly Newsletter!

* indicates required

Rose Law Group pc values “outrageous client service.” We pride ourselves on hyper-responsiveness to our clients’ needs and an extraordinary record of success in achieving our clients’ goals. We know we get results and our list of outstanding clients speaks to the quality of our work.

Fortescue seeks hydrogen site changes

By Roland Murphy | AZBEX After canceling plans to build $550M hydrogen production hub in Buckeye last year, site owner Fortescue Future Industries is asking the City of Buckeye to eliminate one stipulation and

Read More »

SOLD! Former RV park in Marana

By Real Estate Daily News A former RV park property with eighty-five RV spaces at 9001 W. Tangerine Road in Marana’s Northwest submarket sold for $3,350,000 in an investment transaction. The buyer completed the acquisition as

Read More »