Richmond American Homes of Arizona, a subsidiary of MDC Holdlings, Inc. (NYSE: MDC), is buying 56-SFR lots at Madera Highlands Villages in the Town of Sahuarita and recently closed on the first six lots for $483,000 ($80,500 per lot). The roughly one-acre lots were originally developed by the Toll Brothers for luxury home construction and …
M.D.C. Holdings, Inc. (NYSE: MDC) has announced that its Richmond American Homes of Arizona subsidiary is opening a brand new community in the Tucson area. Eagle Crest Ranch is planned to officially open for sales on September 6, 2013, and will offer a variety of new single- and two-story homes ranging from approximately 1,700 to …
Richmond American Holds Grand Opening of Eagle Crest Ranch Read More »
Richmond American Homes of Arizona (James Gaulin, Director of Land Acquisition) acquired 36 SFR lots at Gladden Farms Block 17 for $1.3 million ($36,500 per lot) in Marana, a community in Northwest Tucson. The finished lots are 65’ x 112’ in this partially built out community. Richmond has constructed 47-homes in Block 8 at Gladden Farms, …
Richmond American Building New Communities North and South Read More »