Peralta Canyon LLC Sells 110 Lots to Gehan Homes of Arizona, LLC

News

December 15, 2019

By: Ethan Granger

Peralta Canyon LLC Sells 110 Lots to Gehan Homes of Arizona, LLC

Scottsdale, AZ (December 16, 2019) – Land Advisors Organization Scottsdale team of Greg Vogel, Ryan Semro, Bret Rinehart and Ben Heglie represented the Seller, Peralta Canyon, LLC in the transaction of 110 platted and engineered lots to Gehan Homes of Arizona, for $2.92MM on December 10, 2019.

The transaction comprised two different lot sizes including 75 – 55’x125’ and 35 – 65’x135’ lots. The 110 P&E lots are located in Gold Canyon, Arizona within the second phase of the Peralta Canyon Master Planned Community. The acquisition complements the existing sales in Phase I of Peralta Canyon that was acquired in 2017. Gehan will be joined by Lennar Homes in the second phase of Peralta Canyon.

For more information regarding the Metro Phoenix market and more specifically this transaction, contact Ryan Semro at rsemro@landadvisors.com, Bret Rinehart at brinehart@landadvisors.com or Ben Heglie at bheglie@landadvisors.com.

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Founded in 1987, Land Advisors Organization is the nation’s largest brokerage firm focused exclusively on land. We specialize in innovative land brokerage through deep market insight and unparalleled client relationships. Land Advisors Organization integrates current comprehensive information, cutting-edge technology and geographically specialized professionals to help our clients identify and capitalize on valuable opportunities in all kinds of economic environments.

Land Advisors Organization employs a true collaborative brokerage model with offices located throughout the nation. To learn more about LAO, visit us on our website at landadvisors.com and connect with LAO on Twitter Facebook, LinkedIn and Twitter.

Media Contact: Ethan Granger 480-483-8100