(Disclosure: Rose Law Group represents Lennar and Taylor Morrison.)
By Angela Gonzales | Phoenix Business Journal
Three giant homebuilders have chipped in to pay $111.7 million for an 836-acre parcel of vacant land to bring upward of 2,800 homes to the West Valley.
The deal represents a rebirth of homebuilders teaming up on joint ventures, a commonplace type of alliance popular before the Great Recession altered the real estate landscape.