Mattamy Homes has closed on another major land purchase in the Phoenix area, marking the company’s 7th significant acquisition in 2021. The company’s latest purchase is for a 145-acre property in Goodyear, Ariz., known as Las Ventanas, in a deal worth $20.45 million and approved for 412 home sites. The deal closed on November 30, 2021.
“Our Phoenix team is looking forward to bringing new, Mattamy-signature designs to Las Ventanas,” says Don Barrineau, President of Mattamy’s Phoenix Division. “Based on its extremely favorable combination of value, range of product options and convenient location, we expect the community will be highly appealing to a diverse demographic including families, mature downsizers and outdoor enthusiasts.” The purchase caps an historic year of acquisitions for the company’s Phoenix Division, with $102.6 million and 1,926 lots positioning the organization for years of industry leadership and dedication to the market. In addition to Las Ventanas, Mattamy closed on the following properties in 2021: • Tierra Vistoso – Surprise (178 lots, $6.7 million) • Empire Pointe – Queen Creek (532 lots, $33 million) • San Tan Heights – San Tan Valley (324 lots, $20.3 million) • Sereno Phase 2 – Peoria (133 lots, $5.8 million) • Aria Ranch – Surprise (139 lots, $5.4 million) • Miravida (aka Bonita Ranch) – Surprise (208 lots, $11 million)
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