D.R. Horton Acquires 47 Additional Lots at Entrada Del Toro in Rancho Sahuarita

SAHUARITA, ARIZONA (Sept. 18, 2026) — D.R. Horton purchased 47 finished residential lots in the Entrada Del Toro neighborhood at Rancho Sahuarita for $4.79 million, continuing the homebuilder’s expansion within the master-planned community.

The sale closed Sept. 10 for $4,785,300, or approximately $101,814 per lot. The lots encompass approximately 7.66 acres near 698 W. Calle Manolette in Sahuarita.

RSMC VIII LLC, an affiliate of Rancho Sahuarita represented by President Jeremy Sharpe, sold the property. D.R. Horton Inc. of Scottsdale was represented by Sam Mills, division vice president of land.

The acquisition includes lots located throughout Entrada Del Toro, a developing neighborhood within Rancho Sahuarita. The lots are finished and ready for home construction, eliminating much of the infrastructure work typically required before vertical development can begin.

The transaction builds upon D.R. Horton’s earlier investment in Entrada Del Toro. In November 2025, the homebuilder purchased its first 30 finished lots in the neighborhood for $2,825,625, or approximately $94,188 per lot.

With the latest acquisition, D.R. Horton has purchased at least 77 finished lots at Entrada Del Toro for a combined investment of approximately $7.61 million. The per-lot price in the September transaction was about 8% higher than the price paid in the November acquisition.

D.R. Horton is already marketing new homes in Entrada Del Toro, with single-story floor plans offered within the Rancho Sahuarita master-planned community. The neighborhood provides access to Rancho Sahuarita’s established recreational facilities, parks, trails and other community amenities.

The acquisition reflects continued builder demand for finished lots in Sahuarita, where existing infrastructure and master-planned amenities allow homebuilders to bring new inventory to market more quickly. It also represents another phase of residential growth at Rancho Sahuarita as development continues in the community’s newer neighborhoods.

Source: RED Comp #12714

JLL arranges $154.1M in financing for Kimco Realty joint venture retail portfolio

J.P. Morgan Asset Management provides loan for six property grocery-anchored portfolio totaling 1.31 million square feet

MIAMI, (Sep. 18, 2026) – JLL Capital Markets announced today it arranged $154.1 million in financing for a six-property, 1.31-million-square-foot retail portfolio spanning California, Arizona and Georgia.

JLL worked on behalf of the borrowers, Kimco Realty Corporation and an institutional joint venture partner, to secure financing through institutional investors advised by J.P. Morgan Asset Management.

The portfolio includes Morena Plaza in San Diego, Rancho San Diego in El Cajon, Vail Ranch Plaza and Redhawk Towne Center in Temecula, North Decatur Station in Decatur and The Summit at Scottsdale in Scottsdale.

The portfolio is 99% occupied with a 4.6-year weighted average lease term and features dominant grocery anchors including Costco, Walmart, Whole Foods, Sprouts Farmers Market and Safeway. The properties collectively draw more than 17 million annual consumer visits, with anchor locations consistently ranking in the top 5% to 10% nationally by visits within their respective banners. National tenants occupy approximately 76% of the portfolio’s gross leasable area, with 46% of the tenant roster comprising investment-grade credit.

The portfolio properties are strategically positioned in affluent first-ring suburbs with average household incomes ranging from $140,000 to $228,000 and average home values from $567,000 to $1.2 million within their respective trade areas. Each property benefits from high barriers to entry driven by established residential density in premier locations.

The JLL Capital Markets team was led by Senior Managing Director Chris Drew and Managing Director John Marshall (CA RE license #01223413), along with Directors Wells Waller and Jarrod Howard and Analysts Gabriel Davenport and Preston Bacon.

“These properties represent the convergence of institutional-quality sponsorship and best-in-class grocery-anchored retail in high-barrier-to-entry markets,” Drew said. “The portfolio benefits from exceptional tenant relationships with necessity-based retailers whose locations consistently outperform, combined with the strategic positioning in affluent first-ring suburbs that deliver both operational efficiency and demographic strength.”

Rio Nuevo Issues Call to Tucson Artists for Historic Downtown Mural

TUCSON, Ariz. (Sept. 18, 2026) — Rio Nuevo has opened a Call to Artists seeking a Tucson-area artist to create a historic mural at 69 E. Broadway in downtown Tucson, the former home of The Prescription Shop during the 1960s and into the 1970s. The selected artist will receive a $5,500 total project fee, inclusive of the artist’s fee and project expenses, to create and install the approximately 15-foot-wide by 9-foot-high outdoor mural by March 30, 2027.

The mural will draw inspiration from a historic photograph of pharmacist Harry Maynard serving a customer inside The Prescription Shop. Artists may creatively interpret the image while maintaining its historic connection to the site, with a likeness of Maynard preferred. The opportunity is open to Tucson-area artists with demonstrated artistic ability and relevant experience completing permanent outdoor murals. No mural design is required during the initial Call to Artists period. Full information is available at rionuevo.org.

“This project is an opportunity to celebrate a piece of downtown Tucson’s history through public art while creating something meaningful for the people who live in and visit downtown,” said Board Member, Jannie Cox. “We’re excited to see how Tucson artists interpret the history of this site and bring it to life for a new generation.”

Call to Artists Timeline

Sept. 16 – Oct. 15: Call to Artists open. Submit a letter of interest that includes up to 150 words describing interest in the project, along with a website, online portfolio or up to six examples of previous work.
Oct. 30: Invitations sent to artists selected to move on to the proposal stage. Artists will receive a $250 stipend for their proposal. Full proposal requirements are available here.
Nov. 30: Full proposals due.
Dec. 15: Artist selected.
March 30, 2027: Mural completed and installed.

Submissions and questions should be emailed to [email protected].