November 18, 2021 – Toll Brothers purchased the final 4 Developed Lots within the Overlook at Firerock subdivision within the Firerock Master Plan, located at Firerock Country Club Dr & Shea Blvd, Fountain Hills, Arizona. The subdivision consisted of 64 Single Family Lots. Toll Brothers initially purchased these lots on a rolling option from The Retreat at Firerock, LLC, in October, 2015. The original purchase price was $5,887,500 | $91,992/Platted & Engineered Lot. Grant D. Helgeson and Don McCaul of the Westland Properties Group represented both parties in this transaction.
Norte Vista
November 17, 2021 – Scott Communities, LLC, purchased 39 Partially Developed ±1 Acre Lots within the Norte Vista subdivision at the Southeast corner or Maricopa County Hwy 85 & Jackrabbit Trail, Buckeye, Arizona. The cash purchase price was $2,665,000 | $68,333/Partially Developed Lot. SMT Investors, LP, was the Seller. Grant D. Helgeson and Don McCaul of the Westland Properties Group represented the buyer in this transaction.
Desert Dawn Estates
November 4, 2021 – CW-Desert LLC, a GBC Custom Homes entity purchased the 4.61 Acre Desert Dawn Estates site located at 33rd Ave & Pinnacle Vista Dr, Phoenix, Arizona. The site consists of 9 Platted & Engineered Lots | ±18,000sf. The cash purchase price was $1,050,000 | $116,667/Platted & Engineered Lot. The Seller in this transaction was Ashton 33rd Avenue, LLC. Grant D. Helgeson and Don McCaul of the Westland Properties Group represented the Buyer in this transaction.
Estates at 128th
October 26, 2021 – Shea 128 LLC, a Camelot Homes entity purchased the 10-Acre Estates at 128th site located at 128th St & Shea Blvd, Scottsdale, Arizona. The site consists of 12 Fully Approved Platted & Engineered Lots | 65’ x 140’. The cash purchase price was $2,640,000 | $220,000/Platted & Engineered Lot. The Seller was a Blandford Homes entity. Grant D. Helgeson and Don McCaul of the Westland Properties Group represented both parties in this transaction.
Village at Meridian Hills
September 14, 2021 – Richmond American Homes of Arizona purchased 31 Developed Lots | 55’ x 80’ within the Village at Meridian Hills subdivision located North and West of the Northwest corner of 16th St & Baseline Rd, Phoenix, Arizona. The cash purchase price was $3,875,000 | $125,000/Developed Lot. Innovation Communities at Meridian Hills, LLC was the Seller. Grant D. Helgeson and Don McCaul of the Westland Properties Group represented both parties in this transaction.
Blueprint White Tanks
August 31, 2021 – Blueprint White Tanks, LLC, purchased a ±38.6 Acre site within the Sundance Master Plan, located near Interstate 10 & Watson Rd, Buckeye, Arizona. The purchase price was $12,000,000 | $310,881/Acre | $7.13/sf | $31,088/Unit. The site is approved for 386 Single Family Detached Rental Units | 10 DUA. Hancock Communities will develop the site. The Seller was Innovation Villas at Sundance, LLC. Grant D. Helgeson and Don McCaul of the Westland Properties Group assisted in facilitating the closing of this transaction.
Wickenburg Country Club Estates (Final Takedown)
August 4, 2021 – Blue Shore Holdings, LLC, a Morgan Taylor Homes entity, completed their phased purchase of 12 Fully Developed 80’ x 120’ lots and 104 Partially Developed 80’ x 120’ lots within the Wickenburg Country Club Estates Master Plan, located near US60 at Vulture Mine Rd, Wickenburg, Arizona. The total purchase price was $1,750,000. The Seller in this transaction was Wickenburg Country Club Estates LLC. Grant D. Helgeson and Don McCaul of the Westland Properties Group represented the Buyer in this transaction.
Superstition Vista
July 7, 2021 – Century Communities of Arizona, LLC, purchased the 40 Acre Superstition Vista site, located near the Southwest corner of Baseline Rd & Goldfield Rd, Apache Junction, Arizona. The purchase price was $11,904,000 | $46,500/Platted & Engineered Lot. The site is Platted for 256 Lots | 6.82 DUA as follows: 97 Lots | 45’ x 80’, 107 Lots | 45’ x 100’ & 52 Lots | 50’ x 80’. The Seller was SV Development, LLC / Hillstone Homes. Grant D. Helgeson and Don McCaul of the Westland Properties Group represented the underlying Landowner in this transaction.
Arise Anthem
July 7, 2021 – BVFD North Phoenix Owner, LLC, a Family Development entity, purchased a ±15.86 acre site located at the Southeast corner of Arroyo Norte Dr & Interstate 17, Phoenix, Arizona. The project will be called Arise Anthem and is planned for 170 Build For Rent Units | 12.2 DUA. The cash purchase price was $4,950,000 | $29,118/Unit. The Seller in this transaction was AV 203 LLC. Grant D. Helgeson and Don McCaul of the Westland Properties Group represented Family Development in this transaction.
Avilla Broadway
May 11, 2021 – NexMetro Broadway, LLC purchased a ±9.5 Net Acre site located at the southwest corner of 99th Ave & Broadway Rd, Phoenix, Arizona. The project will be called Avilla Broadway and is planned for 117 Build For Rent Units | 12.3 DUA. The cash purchase price was $2,182,781 | $229,766/Acre | $5.27/sf | $18,656/Planned Unit. The Seller in this transaction was RMG Arizona Properties Holding XII, LLC (a McRae Group entity). Grant D. Helgeson and Don McCaul of the Westland Properties Group represented both parties in this transaction.
Wickenburg Vistas
April 1, 2021 – WJH LLC / Century Complete Homes closed escrow on their third and final takedown of 21 Developed Lots | 100’ x 120’ within the Wickenburg Vistas subdivision, US 60 & Kellis Rd area, Wickenburg, Arizona. The cash purchase price was $916,500 | $43,643/Developed Lot. The entire subdivision consists of 61 Developed Lots. The Seller in this transaction was JDM Business Ventures LLC & RDS Business Ventures, LLC. Grant D. Helgeson and Don McCaul of the Westland Properties Group represented the buyer in this transaction.
Arroyo Vistas
March 26, 2021 – WJH Sales of Arizona, LLC / Century Complete Homes purchased 10 Developed Lots | 45’ x 100’ planned for attached product within the Arroyo Vistas subdivision, located at Rose Ln & Poppy St, Wickenburg, Arizona. This was the first takedown in a 2-part sale. The purchase price was $504,000 | $50,400/Lot. The seller in this transaction was Arroyo Vistas Wickenburg, LLC. Grant D. Helgeson and Don McCaul of the Westland Properties Group represented both parties in this transaction.
Wickenburg Country Club Estates
March 19, 2021 – Blue Shore Holdings, LLC, a Morgan Taylor Homes entity, purchased 12 Fully Developed 80’ x 120’ lots and 104 Partially Developed 80’ x 120’ lots within the Wickenburg Country Club Estates Master Plan Community, located near US60 at Vulture Mine Rd, Wickenburg, Arizona. The cash purchase price was $1,750,000. The Seller in this transaction was Wickenburg Country Club Estates LLC. Grant D. Helgeson and Don McCaul of the Westland Properties Group represented the Buyer in this transaction.
Emerald Hills Ranch
March 5, 2021 – Cachet-Emerald Hills, LLC, a Cachet Homes entity, purchased a ±7.86 Acre site located at the southwest corner of 124th St & Gold Dust Ave, Scottsdale, Arizona. The subdivision will be called Emerald Hills Ranch and has been final platted for 7 Lots | 135’ x 280’. The purchase price was $2,100,000 | $300,000/Platted & Engineered Lot. The seller was Emerald Hills Ranch, Inc. Grant D. Helgeson and Don McCaul of the Westland Properties Group represented Cachet Homes in this transaction.
Wickenburg Vistas
July 29, 2020 – WJH LLC, the parent company of Century Complete Homes closed escrow on their first Option Agreement takedown consisting of 31 Developed Lots | 100’ x 120’ within the Wickenburg Vistas subdivision, US 60 & Kellis Rd area, Wickenburg, Arizona. The cash purchase price was $1,302,000 | $42,000/Developed Lot. The entire subdivision consists of 61 Developed Lots. The balance of the lots will be purchased on a rolling option over the next 18 months. The Seller in this transaction was JDM Business Ventures LLC & RDS Business Ventures, LLC. Grant D. Helgeson and Don McCaul of the Westland Properties Group represented the buyer in this transaction.
Wolf Springs Ranch
August 17, 2020 – Pulte Homes purchased the 20 acre Wolf Springs Ranch subdivision located at 94th St & Cactus Rd, Scottsdale, Arizona. The site consists of 40 Platted & Engineered Lots as follows: 34 Lots | 75’ x 120’ and 6 Lots | 100’ x 130’. The cash purchase price was $17,000,000 | $425,000/Platted & Engineered Lot. The Seller in this transaction was Empire Residential Communities Fund II & III, LLC. Grant D. Helgeson and Don McCaul of the Westland Properties Group represented both parties in this transaction.
Hampton Meridian
February 17, 2021 – Paragon Development Group purchased a ±15.67 acre site located at the Northeast corner of Meridian Rd & Southern Ave, Apache Junction, Arizona. The project will be called Hampton Meridian and is planned for 195 Single Family Detached “Build For Rent” Units | 12.44 DUA. The cash purchase price was $3,071,633 | $196,020/Acre | $4.50/sf | $15,752/Unit. RSC Enterprises, LLC, is the Seller. Grant D. Helgeson and Don McCaul of the Westland Properties Group represented the Buyer in this transaction.
Reserve at Red Rock
December 29, 2020 - Blandford Homes was the successful bidder on a ±132.53 Acre site at auction dated March 21, 2019, from the City of Mesa. Blandford Homes closed escrow once entitlements were approved. The site is located at the Northwest corner of Recker Rd & Thomas Rd, Mesa, Arizona. Blandford Homes is calling this project Reserve at Red Rock and is planning the site for 296 Single Family Lots as follows: 127 Lots | 50’ x 112’, 103 Lots | 60’ x 130’ and 66 Lots | 65’ x 140’. The winning auction bid was $21,100,000 | $159,209/Acre | $3.65/sf | $71,284/Planned Lot. Grant D. Helgeson and Don McCaul of the Westland Properties Group represented Blandford Homes at this auction.
Innovation Villas at Sundance
December 29 2020 – Innovation Villas at Sundance, LLC, purchased a ±38.6 Acre site within the Sundance Master Plan, located near Interstate 10 & Watson Rd, Buckeye, Arizona. The purchase price was $5,675,000 | $147,020/Acre | $3.37/sf | $14,702/Unit. The site is being planned for 386 Single Family Detached Rental Units | 10 DUA. The Sellers were Mission Land 2004, LLC, and Sundance 4 Cove, LLC. Grant D. Helgeson and Don McCaul of the Westland Properties Group assisted in facilitating the closing of this transaction.
Countrywalk Estates
January 6, 2021 – LGI Homes Arizona, LLC, purchased 33 Developed Lots | 85’ x 105’ within the Countrywalk Estates subdivision, located on Hwy 387 / Pinal Ave & Hopi Dr, Casa Grande, Arizona. The cash purchase price was $1,567,500 | $47,500/Developed Lot. The Seller in this transaction was Palo Duro Homes. Grant D. Helgeson and Don McCaul of the Westland Properties Group represented both parties in this transaction.