November 23, 2024 7:09 pm
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Builders snag hundreds of lots in West Valley MPC

Via Estrella

(Disclosure: Rose Law Group represents Lennar, Richmond American, and Toll Brothers.)

By Angela Gonzales | Phoenix Business Journal

Under new ownership, the 20,000-acre Estrella master-planned community in Goodyear has sold hundreds of lots to homebuilders within the past year.

Most recently, Miami-based Lennar Corp. (NYSE: LEN) paid $48.9 million for 359 lots and Denver-based Richmond American Homes paid $25.6 million for another 149 lots at Estrella, according to Tempe-based real estate database Vizzda LLC.

Read the full subscription story from the Phoenix Business Journal.

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Rose Law Group Reporter, which provides Dealmaker’s content and service, is contracted by Rose Law Group. Rose Law Group is a full service real estate and business Law Firm practicing in the areas of land use/entitlements, real estate transactions, real estate due diligence/project management, special districts, tax law, water law, business litigation, corporate formation, intellectual property, asset protection, data breach/privacy law, ADA compliance, estate planning, family law, cyber-law, online reputation and defamation, lobbying, energy and renewable energy, tax credits/financing, employment law, Native American law, equine law, DUIs, and medical marijuana, among others. The views expressed above are not necessarily those of Rose Law Group pc or its associates and are in no way legal advice. This blog should be used for informational purposes only. It does not create an attorney-client relationship with any reader and should not be construed as legal advice. If you need legal advice, please contact an attorney in your community who can assess the specifics of your situation.