Mortgage And Real Estate News

Saturday, August 17, 2013

Beazer Homes buys 177 lots in Phoenix for $9.5 million - Phoenix Business Journal

Atlanta-based Beazer Homes USA Inc. (NYSE: BZH) has scooped up 177 partially-finished lots in south Phoenix for $9.5 million with plans to lay the groundwork for a new subdivision over the next several months, according to a statement Tuesday from Cassidy Turley.

The lots are situated within the Artesa subdivision, which is located just south of Baseline Road on 43rd Avenue in the Laveen area.

The seller was an entity controlled by Crown West Realty LLC, the same Washington state-based company that is facing foreclosure on the Phoenix Corporate Center office tower, Fennemore Craig PC’s former home, near Thomas Road and Central Avenue.

Read more...Beazer Homes buys 177 lots in Phoenix for $9.5 million - Phoenix Business Journal

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