Lennar Homes joining Meritage at Mandarina MPC in Marana after purchase of 160 platted and engineered lots for $5.54M ($34,650/lot)

7/19/2024

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RE Daily News

• Subcategory: Land: Housing, SF: Detached

• Tag: Sale

• Additional Filters-Subcategory: SF: MPC

• Additional Filters-Tags: Sale: Finished Lots

• Company: Lennar Corp. (NYSE: LEN), Meritage Homes (NYSE: MTH)

Lennar Homes will join Meritage Homes at Mandarina Master-Planned Community. Lennar purchased 160 platted and engineered lots at Mandarina for $5.544 million ($34,650 / lot). The 45’x115’ lots will be developed in cooperation with Meritage Homes, which purchased 266 platted lots in April.