MARANA, Arizona (Oct. 27, 2026) —Sekisui House Arizona, Inc. purchased 30 finished single-family residential lots in Saguaro Reserve II and III at Dove Mountain from Cottonwood Properties, Inc. for $6.3 million, or $210,000 per lot. The transaction closed October 21, 2026.

The acquisition includes two lots in Saguaro Reserve II and 28 lots, numbered 209–236, in Saguaro Reserve III. Together, the homesites encompass approximately 6.3 acres within the Dove Mountain master-planned community in northwest Marana.

Cottonwood Properties is associated with Dove Mountain developer David Mehl. Michael Del Castillo, division president of Richmond American Homes, represented the buyer.

The transaction marks the first acquisition recorded in RED Comps under the Sekisui House Arizona, Inc. name, although homes continue to be marketed under the established Richmond American Homes brand.

The buyer’s corporate name reflects Richmond American’s ownership by Japan-based Sekisui House. In April 2024, Sekisui House completed its approximately $4.9 billion acquisition of M.D.C. Holdings, Richmond American’s parent company, expanding its U.S. homebuilding operations and bringing Richmond American into its family of builders.

The purchase adds 30 finished 70′ x 127′ homesites to the buyer’s Dove Mountain holdings.

Sekisui House is a top-tier house manufacturer in Japan, engaging in custom detached houses, rental housing, architectural/civil engineering, remodeling, real estate management, houses for sale, condominiums, urban redevelopment and overseas business, with a global vision to “make home the happiest place in the world”. Having delivered 2,662,183 homes worldwide since its establishment (as of January 31, 2024), Sekisui House has footprints in Japan, the U.S., Australia, Singapore, and the U.K. Sekisui House also aims to contribute to solving environmental and social issues as a leading company in ESG management through providing homes.

Source: RED Comp #12777

New luxury 100-home community offers elevated townhome living in Chandler

SCOTTSDALE, Ariz. (Oct. 27, 2026) — Mark-Taylor Residential continues to expand its presence in the Southeast Valley through The Wayne, a new townhome community in Chandler. Featuring spacious one-, two- and three-bedroom homes ranging from 812 to 1,391 square feet, the community blends the privacy and comfort of a townhome with the convenience and service of a professionally managed living experience.

The Wayne further strengthens Mark-Taylor’s relationship with owner Porter Kyle and marks the fourth of five communities that expands their partnership of Class-A townhomes in the valley.

As part of Mark-Taylor’s Central 100 portfolio, The Wayne benefits from a centralized leasing operating model designed specifically for communities with fewer than 100 units. The approach combines onsite service teams with support from the Integrated Operations Network (ION), located at Mark-Taylor’s corporate office. The centralized specialist team provides residents with responsive service while delivering operational efficiency and consistency onsite.

“The Wayne reflects the continued demand for thoughtfully designed housing options that offer both flexibility and a strong sense of home,” shared Rica Renteria, Associate Director of Centralized Operations at Mark-Taylor Residential. “Through Central 100, we are able to pair personalized support with specialized expertise, creating a 5-star experience for residents and ownership alike.”

Located at 1535 N. Dobson Road, The Wayne offers open-concept floor plans, private fenced backyards and direct-access two-car garages with wiring for electric vehicles. Homes feature quartz countertops, oversized islands, full-size washers and dryers, built-in dog doors, smart-home technology, hardwood-style flooring, and walk-in closets.

Community amenities include a resort-style swimming pool, fitness center, dog park and playground, creating a connected living experience designed around convenience and comfort.

The central Chandler location places residents minutes from nearby Chander Fashion Center and neighborhood favorites like The Sicilian Butcher and Postino East with quick access to Loop 101 and Loop 202.

The Wayne is currently leasing and offering up to 10 weeks free plus reduced rates on select brand-new townhomes. To explore available residences or schedule a tour, visit https://www.mark-taylor.com/apartments/az/chandler/the-wayne/.

TUCSON, Arizona (Oct. 27, 2026) — Rio Nuevo and Groundswell Capital are accepting applications for “Small Business, Big Ideas,” a grant program offering $5,000 to $25,000 to help entrepreneurs launch, expand or relocate businesses within Tucson’s Rio Nuevo District.

Applications are open through October 30, 2026. The program supports new businesses, existing operations seeking to grow, and creative projects that bring customers and activity to the district.

Funding categories include startup capital for businesses launched within the past two years, growth capital to expand revenue or services, and creative capital for projects that generate foot traffic. The program also prioritizes access to funding for underrepresented and underserved entrepreneurs.

Eligible applicants must have annual gross revenue below $300,000 and operate within the Rio Nuevo District. Mobile businesses may qualify if at least 75% of their revenue comes from business conducted within the district. Pop-ups, food trucks, retailers, service providers and event-related businesses are among the operations encouraged to apply.

Applications will undergo an eligibility review and scoring process, with recipients selected by a community committee. Groundswell Capital offers English- and Spanish-language online information sessions, open office hours and eligibility tools to assist applicants.

The partnership combines Rio Nuevo’s economic development resources with Groundswell Capital’s work as a nonprofit lender to expand access to capital and strengthen the district’s business community.

For eligibility requirements and application instructions, visit groundswellcapital.org/rionuevo.