Maracay Homes closes on 91 homesites in East Valley

AZBigMedia

Maracay Homes, a wholly owned company of the TRI Pointe Group (NYSE: TPH), closed on two land purchases in Phoenix’s East Valley this month, totaling approximately $5.9 million.

 The parcels, located in Queen Creek and Mesa, will be developed into new, single-family home neighborhoods scheduled to open in late 2018, said Jason Weber, Maracay Homes’ vice president of land acquisitions and development.

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