Land Advisors Organization Announces Closing of Joint Venture on Artesia Transaction Representing iStar Inc.

FOR IMMEDIATE RELEASE

Media Contact:
Stacy Bayless, Director of Marketing & Communications
Land Advisors Organization
480.483.8100
sbayless@landadvisors.com

Land Advisors Organization Announces Closing of Joint Venture on Artesia Transaction Representing iStar Inc.

Scottsdale, AZ (January 25, 2017) – Land Advisors Organization represented iStar Inc. in the successful closing of the Joint Venture in Scottsdale Arizona, of the build-out of the Artesia Community with Meritage Homes Corp.

Artesia is located just north of the northeast corner of Scottsdale and Indian Bend roads in Scottsdale Arizona. Artesia will include more than 500 luxury condominiums and townhouses, a private 10-acre recreational park with running and walking trails, resort-style pools and a 20,000-square foot community clubhouse.

The plan includes three distinct phased, planning areas of land. Podium-style four- story buildings will offer 13 floor plans ranging from approximately 1,150 to 3,750 square feet. Individual residences will contain outdoor entertaining verandas with dedicated garage parking and other amenities. The two-, three- and four- bedroom residences are expected to be priced from the low $400,000s to more than $1 million.

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Land Advisors Organization specializes in innovative land brokerage through deep market insight and unparalleled client relationships. With an exclusive focus on land, Land Advisors Organization integrates current comprehensive information, cutting-edge technology and geographically specialized professionals to help our clients identify and capitalize on valuable opportunities in all kinds of economic environments.

Land Advisors Organization employs a true collaborative brokerage model with offices located throughout Arizona, California, Florida, Idaho, New Mexico, Nevada, Utah, Texas and Washington. To learn more about LAO, visit us on our website at www.landadvisors.com and connect with LAO on FacebookLinkedIn and Twitter.