Gray is One of Only Three Women to Hold Vice President of Land Acquisition and Development Position in Tucson’s History

TUCSON, ARIZONA –  Miramonte Homes announced the promotion of long-time employee, Gerrie Gray, to the position of Vice President of Land Acquisition and Development.

Gray has been with Miramonte Homes since 2004 and previously held the position of Director of Land Acquisition and Development.

“Miramonte is an amazing company to work for, with new and exciting projects on the horizon,” said Gray. “I’m happy to be one of three women ever in Tucson to hold this title.”

Gray will be responsible for finding and negotiating land development and acquisition opportunities in Tucson and Flagstaff. She will also oversee projects to make sure the land is developed according to master plans.

“Gerrie is a valuable member of our team and an integral part to the continued development of our properties in Arizona,” said Miramonte Companies President, Julie Mastriani. “We are excited to promote from within our company and reward Gerrie for her years of excellent service and commitment to Miramonte Homes.”

Since 1992, Miramonte Companies has been developing quality homes and commercial properties across the state of Arizona. CEO and Principal, Chris Kemmerly, is dedicated to developing communities that blend seamlessly with the Southwest’s indigenous architecture. Since 1996, Miramonte Homes has built more than 1,900 homes and is one of the largest, privately owned homebuilders in Arizona. The company has been named Builder of the Year multiple times over the past two decades by the Southern Arizona Homebuilder’s Association.

Mastriani joins the ranks of only a few women-led homebuilding and construction companies in Arizona

TUCSON, AZ —Miramonte Companies Founder, Chris Kemmerly, announced today that Julie Mastriani has been named president of Miramonte Companies and its affiliate companies, including: Miramonte Holdings, an investment and holding company; Miramonte Arizona, a construction and development company; and Miramonte Homes, a sales and brokerage company.

“Julie is a proven leader and has consistently demonstrated the necessary vision, knowledge and experience required to successfully lead Miramonte’s businesses in Southern and Northern Arizona,” said Kemmerly. “Julie also serves as a key member of Miramonte’s executive management team. I am thrilled to announce her well-deserved promotion after contributing to our company’s success over the past two decades,” said Kemmerly.

In her role as president and a member of Miramonte’s executive management team, Mastriani will continue to lead Miramonte’s efforts in corporate planning and operations as well as support investor relations and project acquisitions.

Prior to her promotion to president, Mastriani served as chief operating officer of Miramonte for approximately 15 years, where she was instrumental in managing all aspects of sales and operations.  Her tenure at Miramonte also includes serving more than three years as chief operating officer of the Tucson division of Standard Pacific Homes, a publicly–held company, during the acquisition of Miramonte Homes in 2004 through 2007.

Mastriani joined Miramonte in 1996, and now joins the ranks of only a few women-led homebuilding and construction companies in Arizona.

Since 1992, Miramonte Companies has been developing quality homes and commercial properties across the state of Arizona. CEO and Principal, Chris Kemmerly, is dedicated to developing communities that blend seamlessly with the Southwest’s indigenous architecture. Since 1992, Miramonte Homes has built more than 1900 homes and is one of the largest, privately owned homebuilders in Arizona. The company has been named Builder of the Year multiple times over the past two decades by the Southern Arizona Homebuilder’s Association.

Pulte Homes closed on additional land for 241 SFR lots in the Del Webb at Dove Mountain Active Adult Community where it plans to build approximately 650 homes on 208 acres when complete. The latest takedown for 241 lots sold for $6.96 million ($28,863 per lot). This was phase three of a five phase option.

Sales have been brisk in this Del Webb community since it broke ground in February 2013. To date Del Webb has sold 98 homes, closed on 65 of these with 33 under construction. As reported back in February, there were nearly 100 inquiries within a day of posting a “coming soon” sign on the property.

Del Webb Corporation was acquired by Pulte Home in 2001 and is a leading builder in active adult communities. The Del Webb at Dove Mountain Community is located southwest of the Ritz Carlton Resort off Dove Mountain Blvd and is a mixture of 40-, 50- and 60- foot wide lots.

Bob Hadd of the Hadd Company in Tucson represented the seller, Cottonwood Properties’ affiliate, DM Phase IV Investments, LLC (Carson Mehl, member).

Cottonwood Properties of Tucson is privately owned and the original developer of the 6,200-acre Dove Mountain community in Marana, Arizona. In addition to the many neighborhoods within Dove Mountain, Cottonwood developed The Ritz-Carlton Resort, Residences and Golf Club – home to the Accenture Match Play World Golf Championships.

Recently, a 2.04 acres sold at The Ritz-Carlton Resort, Residences and Golf Club for $845,000 for a single custom home lot to an out of state buyer. “We’re very happy with the activity we’ve been seeing at Dove Mountain,” Carson Mehl, president of Dove Mountain Homes, told us. “This was the highest price paid for a single lot since the recession.”

In addition at Dove Mountain, Mattamy Homes recently opened with 11 sales and Miramonte Homes has models under construction that should be ready in a couple of months.

Also in the Northwest, at nearby Tortolita Vistas, Maracay took down six more lots for $963,230 ($160,538 per lot). Located north of Tangerine Road on Thornydale Road, Tortolita Vistas is set in the foothills of the Tortolita mountain range, surrounded by stunning views. Homes are on over-sized one acre sites that feature lush desert open space. Maracay is building a total of 54 homes that began October 2013 in Tortolita Vistas.

Will White of Land Advisors Organization in Tucson represented Maracay in the rolling option.

To learn more, Hadd can be reached at 520.403.2812 and White is at 520.514.7454. Mehl can be contacted at 520.572.8000.

Also see RED Comp #3321 and #3328.

Related story: A Perfect Storm for Home Builders at Dove Mountain