Richmond American

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Rancho Sahuarita – Making New Home Building Great Again

SAHUARITA, ARIZONA – Richmond American Homes recently bought 71 finished lots at Entrada La Villita, the newest community in Rancho Sahuarita Master-Planned Community, for $3.266 million ($46,000 per lot) from Rancho Sahuarita VIII, an affiliate of Sharpe & Associates (Robert Sharpe, president). Ted Herman with Sharpe & Associates, who represented the seller in the transaction […]

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Meritage Reloads at La Estancia / Richmond Continues Acquisition Surge this time at Dove Mountain

TUCSON, ARIZONA – Meritage Homes acquired 142 SFR lots at La Estancia having almost completed its first phase of 195 lots in this new master planned community since opening in June 2016. The seller, SBH La Estancia, an affiliate of Sunbelt Holdings, sold the lots for $6.25 million, or $44,000 per finished lot and $1,100

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Phase I Gladden Farms Closed out with Final Sale to Meritage Homes this Week

MARANA, Arizona – Meritage Homes recently closed on the last two blocks at Gladden Farms in Phase I for $1.82 million ($24,000 per lot). Blocks 7 and 13 sold platted for 76 homesites by Crown West Realty (Dean Wingert member) the developer. Gladden Farms is a 1,350-acre master planned community in northern Marana, just west

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