Land Purchase

Lennar Homes spends $48.8M on East Valley land

A photo of what some Lennar Homes will look like in a portion of Blossom Rock at Superstition Vistas.

Lennar Homes

Some vacant land in a prominent East Valley housing development has changed hands, according to Vizzda, a real estate database.

Last month, Lennar Homes spent $37.34 million to acquire 121.88 acres of vacant land on Dec. 19 at Blossom Rock at Superstition Vistas. Four days later, it acquired 120 additional lots for $11.5 million, the Vizzda database stated.
Lennar bought the land from Brookfield Residential — another builder at the East Valley development, Vizzda documents stated.

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