March 15, 2022 – TB 19th Happy Valley, LLC, a Toll Brothers Multifamily entity purchased a ±7.263 Acre site at the Northeast corner of 19th Ave & Happy Valley Rd. The cash purchase price was $3,350,000 | $10.58/sf. The Seller in this transaction was Happy Valley 19, LLC / Irene Carroll. Grant D. Helgeson and Don McCaul of the Westland Properties Group represented the Seller in this transaction. Toll Brothers is in escrow on 4 adjacent home parcels. The entire ±12.23 Acre assemblage is approved for 470 Apartments.
Tyler Ranch at Pioneer Crossing
December 22, 2021 – Reserve 100, LLC (Blandford Homes) purchased the ±41 Tyler Ranch at Pioneer Crossing site located at the Northeast corner of Loop 202 & Val Vista Dr, Mesa, Arizona. The site is planned as a gated community with 160 Lots | 3.9 DUA as follows: 68 Lots | 45’ x 120’, 63 Lots | 50’ x 112’ & 29 Lots | 60’ x 130’. The purchase price was $18,000,000 | $112,500/Platted & Engineered Lot. The Seller in this transaction was the Donald & Wanda Tyler Family LP. Grant D. Helgeson and Don McCaul of the Westland Properties Group represented the Buyer in this transaction.
Sundial Apartments
December 14, 2021 – Carefree Flats, LLC, purchased the 8 Unit / ±.76 Acre Sundial Apartments site located East of the Southeast Corner of Cave Creek Rd & Tom Darlington Dr, Carefree, Arizona. The Seller in this transaction was Robert Cox. The cash purchase price was $900,000 | $112,500/Unit. Grant D. Helgeson and Don McCaul of the Westland Properties Group represented both parties in this transaction.
Overlook at Firerock (Final Lot Takedown)
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.