December 8, 2023 – Pulte Home Company, LLC, closed escrow on the first phase of the Visara / Rio Caballo Master Plan, located near the Southeast corner of 163rd Ave & Dynamite Blvd, Surprise, Arizona. Phase 1 consists of 47.2 Acres | 151 Platted & Engineered Lots. The total Master Plan consists of ±175 Acres and is approved for 660 total Single-Family Lots in 4 Phases at a total purchase price of $16,000,000. The Seller in this transaction was Leavitt Cap Rio Caballo, LLC. The cash purchase price for Phase 1 was $2,865,000 | $18,974/Planned Lot. Grant D. Helgeson represented both parties in this transaction.