Monday, June 18, 2018

Shining Some Light On Religion & Real Estate

An arm of the Church of Jesus Christ of Latter-day Saints has sold land in the East Valley
Blogger Note: As if you didn't know it already, The LDS Church is a big real estate and land owner in the Phoenix region with holdings in both the East and West Valley. 
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Mormon Church sells Arizona land to homebuilder
By   – Senior Reporter, Phoenix Business Journal
"Mattamy Homes bought 37 acres belonging to the Church of Jesus Christ of Latter-day Saints in the East Valley for $13.64 million.
The land is at Pecos Road and Hartford Street in Chandler.
Land Advisors Organization brokered the deal between Mattamy Arizona LLC and the seller, Property Reserve Inc., a real estate arm of the Church of Jesus Christ of Latter-day Saints.
The land is not developed and is called Haven. It is zoned for 283 single-family homes.
Land Advisors Bret Rinehart, Ben Heglie and Ryan Semro represented Canada-based Mattamy.
 

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