Del Rio Phase 3 - 338 Lots Avondale, AZ

DFG facilitated a $7.5M Land Banking transaction in Avondale, AZ consisting of a total of 175 Acres.  The first phase of the project comprised of 153 lots (size 45 x 115) received final plat approval in October of 2018, and were successfully sold to Beazer Homes for a total transaction value in excess of $10M with a guaranty from the developer to finish.  The remaining phases 2-5 which include an additional 338 single family lots will require an additional 18 months to process and complete.

1/3

Diversified

Funding

Group, LLC

BK-0905638