November 23, 2024 6:40 am
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Builder makes another big play in Arizona

Via Nathan and Associates Inc.

By Angela Gonzales | Phoenix Business Journal

Florida-based Dream Finders Homes Inc. (NYSE: DFH), which made its Arizona debut this summer, just closed on more lots.

The national homebuilder recently paid $13.84 million in cash to an entity tracing to New Jersey-based Hovnanian Enterprises Inc. for 123 finished lots within the city of Maricopa, according to Tempe-based real estate database Vizzda LLC. Dream Finders ranked No. 12 on Pro Builder’s latest Housing Giants rankings of the nation’s largest builders, with 2023 revenue of more than $3.7 billion.

Read the full subscription story from the Phoenix Business Journal.

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