Disclosure: Rose Law Group represents Aloravita
The Arizona State Land Department, Aloravita I, LLC, Shea Homes Limited Partnership, Pulte Home Company, LLC and Taylor Morrison/Arizona, Inc. closed Friday on the $15.9 million sale of a 103.44-acre property located in Peoria at 75th Avenue and Jomax Road within the Aloravita Master Planned Community.
Aloravita I (Dave Allsop) was the underlying Certificate of Purchase owner as he acquired the land through a State Land auction in 2006. Shea, Pulte and Taylor Morrison will be moving forward with development of Aloravita. Nate Nathan, Dave Mullard and Casey Christensen of Nathan & Associates worked hard to broker the complicated deal. Jordan Rose and Cameron Carter of Rose Law Group have worked on the project in various capacities since 2007. When reached to comment on the deal, Nate Nathan, his team, Jordan Rose and Cameron Carter thanked the state for its efforts to get what it characterized as “a deal with many moving parts” done.
