6 Arizona real estate projects to watch

AZRE The COVID-19 pandemic may have thrown a wrench into many industries, but the Arizona real estate industry does not seem to be one of them. Many Arizona real estate companies experienced banner years in 2020, and many are optimistic as we travel deeper into 2021. Here are six Arizona real estate projects to watch in … Read more

New Subdivision Coming to Santa Rita Foothills in Vail (Tucson)

Karen Schutte TUCSON, ARIZONA — Ocotillo Ridge (Tucson) ASLI IX, LLC along with Mark Voigt and Dave Rogers of Voyager Investment Properties in Phoenix closed on 217 acres in the Santa Rita foothills area of southeast Tucson for $2.85 million($13,134 per acre). The seller in the transaction was H&A LLC, (Charlie Trayers, Manager). Located on … Read more

Gilbert to give final approvals for residential development

By Mike Sunnucks | Rose Law Group Reporter The Town of Gilbert is considering giving final plat approvals for the first phase for the Waterston North residential development at Val Vista Drive and Ocotillo Road. Plans for this phase call for 231 single family lots on 72.6 acres. The property was rezoned for residential development … Read more

Landsea Homes acquires 1,067 homesites in Goodyear and Mesa

REAL ESTATE | 2 hours ago | AZRE Landsea Homes, a publicly traded residential homebuilder, announced today the acquisition of 1,067 finished single-family homesites at Eastmark in Mesa, AZ and El Cidro in Goodyear, AZ. “We continue to strategically expand in Arizona with the recent purchases of new homesites at Eastmark and El Cidro,” said Greg Balen, Arizona regional president, Landsea Homes. “We’ve sold homes in Eastmark … Read more

Multifamily site sells in Peoria

By Philip Haldiman | Peoria Independent Nearly 7 acres of vacant land has changed hands near the southeast corner of 75th an Peoria avenues in south Peoria. About 6.63 acres sold for $1.33 million, according to Ryan Sarbinoff, regional manager of broker Marcus & Millichap’s Phoenix office. “The site was on the market for a … Read more

Prospective Homebuyers Can ‘Test Out’ Home Before Purchase

Camelot Homes announces a unique new Stay & Play experience at The Villas at Seven Desert Mountain™ in North Scottsdale. Potential homebuyers now have the opportunity to stay in one of the award-winning community’s homes, play golf at the championship Seven Desert Mountain golf course and partake in the community’s world-class amenities. The luxury lock-and-leave lifestyle … Read more

Greenlight Communities breaks ground on Cabana Encanto in Goodyear

REAL ESTATE | AZRE Goodyear is set to benefit from a critically needed new multifamily community catering to individuals and families looking for quality housing at attractive monthly rents. Greenlight Communities broke ground last month on Cabana Encanto, located at 2323 N. 150th Drive in Goodyear.The 8.8-acre parcel was acquired in June 2020 and construction is set for completion in … Read more

Surprise Council Balks At Small Side Yards, Large Number Of Narrow Lots

By Richard Smith | Surprise Independent Surprise councilors, planners and staffers have compromised with home builders’ representatives and developers during the process of updating its proposed land development ordinances. But as the council nears its final hearing for health code regulations and possible approval at the Dec. 15 Surprise City Council meeting, the council and … Read more

Union Park at Norterra begins construction on second phase

REAL ESTATE | yesterday | AZ BUSINESS MAGAZINE Union Park at Norterra’s master developer, Sunbelt Holdings, and landowner, USAA Real Estate have begun construction on the second phase of single-family residential and will add a new rental home neighborhood within the 400-acre master planned community. The community’s Phase 2 expansion includes 224 single-family homes by Ashton Woods … Read more

The Related Group breaks ground on The Manor Scottsdale

The Related Group, an international developer known for its sophisticated metropolitan ‘for-sale’ condominiums, rental and mixed-use projects, announced the groundbreaking of their first multi-family project in Arizona called The Manor Scottsdale. Located at 13220 N. Scottsdale Rd. in Scottsdale, Ariz., the 286-unit upscale multi-family residential apartment homes will be conveniently situated between Scottsdale Quarter and Kierland areas … Read more