Everest Holdings acquired a 56 acre land parcel in unincorporated Maricopa County, near the corner of Glendale Avenue and Dysart Road. The seller was Liberty National, LP. Everest plans to entitle the property for single family detached homes. The purchase price was $3.45 million.
Land
Original Article from the Business Real Estate Weekly of Arizona. Litchfield Park – Richmond American Homes of Arizona LLC in Scottsdale (David Viger, pres.) paid $2.653 million to purchase 34 partially developed lots located east of the northeast corner of Dysart and Bethany Home roads in Litchfield Park. The seller was Everest Bethany North LLC,
Everest Holdings acquired a 128 acre land parcel in San Tan Valley, AZ with entitlements for up to 444 single family detached homes. The subdivision will be known as Sherwood Park. The seller was the D’Wayne Sherwood Profit Sharing Plan. Everest plans to complete the remaining entitlements and sell the property to one or more
A company formed by Everest Holdings sold 28 developed lots, known as Bethany Estates South, to Richmond American Homes for $1,736,000 ($62,000 per lot). Bethany Estates South is located at the northeast corner of 129th Avenue and Bethany Home. According to Richmond American’s website, the builder is selling homes from the high $200s.
Original Article from the Prescott Daily Courier. PRESCOTT VALLEY – Construction crews are turning dirt at the Quailwood subdivision here, four years after the former developer filed for bankruptcy. Four model homes are under construction at the 987-lot subdivision off Highway 69 and Bradshaw Mountain Road, according to Jim Gunby, vice president for sales in
An entity formed by Everest Holdings, LLC in Scottsdale, AZ recently purchased a 15.2 acre parcel at the southeast corner of Chandler Heights and Ellsworth in the Town of Queen Creek. The seller was an entity formed by the FDIC as receiver for Union Bank, NA. The property was originally developed by Williams Lyon Homes
Original Article from the Business Real Estate Weekly of Arizona. MARICOPA COUNTY – A company formed by Everest Holdings in Scottsdale (Joe Blackbourn, principal) paid $1.55 million to buy a combination of 126 partially developed, finished and platted and engineered lots in Maricopa County. The sellers in two transactions were companies formed by Maracay Homes,
MARICOPA – A company formed by Everest Holdings in Scottsdale (Joe Blackbourn, principal) paid $680,000 ($10,000 per lot) to buy 68 finished lots at Bowlin and Porter roads in the Town of Maricopa. The seller was Lennar Communities Development Inc. of Tempe (Alan Jones, pres.). The cash transaction was brokered through Nate Nathan, Dave Mullard
Original Article from the Business Real Estate Weekly of Arizona. MARICOPA – A company formed by Everest Holding in Scottsdale (Joe Blackbourn, principal) paid just over $3.109 million to buy 134 finished lots at the southwest corner of Honeycutt and Porter roads in the Town of Maricopa. The seller was Richmond American Homes of Arizona