Taylor Morrison buys Verdin land in north Phoenix

(Disclosure: Rose Law Group represents Taylor Morrison.)

By Angela Gonzales | Phoenix Business Journal

Taylor Morrison Home Corp. (NYSE:TMHC) is moving dirt on a 472-acre master-planned community in north Phoenix that will have 1,225 homes at full build-out.

The Scottsdale-based homebuilder on Oct. 2 closed on the first 193 acres, paying $20.65 million in cash to MacEwen Ranch LLC, according to Tempe-based real estate database Vizzda LLC.

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