Shea Homes gives the 55+ set new reasons to go clubbing

Disclosure: Rose Law Group represents Shea Homes.  Home builder has seen increased interest in its on-site active adult club amenities. Builder Shea Homes wants its residents at its 55+ Trilogy communities to do more ‘clubbing.’ But not in nightclubs. According to a recent study conducted by Shea, 67% of its prospective buyers in the active adult space feel that now is …

Shea Homes closes on 124 home sites in Peoria

Disclosure: Rose Law Group represents Aloravita AZBigMedia Shea Homes has purchased 29 acres of land located at 75th Avenue and Jomax Road in Peoria, closing escrow on October 13, 2017. The seller was Aloravita I, LLC.  Construction of model homes is slated to begin third quarter of 2018. “Peoria’s economic growth continues to draw more new homebuyers to the area, and we …

[EXCLUSIVE] Breaking – Arizona State Land Dept., Shea, Pulte, Taylor Morrison close Westside deal

Disclosure: Rose Law Group represents Aloravita The Arizona State Land Department, Aloravita I, LLC, Shea Homes Limited Partnership, Pulte Home Company, LLC and Taylor Morrison/Arizona, Inc. closed Friday on the $15.9 Million sale of a 103.44-acre property located in Peoria at 75thAvenue and Jomax Road within the Aloravita Master Planned Community. Aloravita I (Dave Allsop) was the underlying Certificate of Purchase …

HFF closes $282M in financing for Ritz-Carlton development in Paradise Valley

Disclosure: Rose Law Group represents Shea Homes, Azure AZRE Holliday Fenoglio Fowler, L.P. (HFF) announces the closing of $282 million in senior and mezzanine construction financing for the next stage of development of The Ritz-Carlton hotel and residences in Paradise Valley that is currently under construction.  The HFF team worked on behalf of the developer, Five Star Development (Five Star), to …