Acquisition and Investment News

02/06/13
Gladden Farms sold to New York developers
The last remaining undeveloped parcels in Gladden Farms have been acquired by Petrus Partners Ltd. of New York.

02/05/13
Petrus Partners aquires Gladden Farms; Dean Wingert and OK Rihl join the Petrus Group from Forest City Enterprises
Petrus Partners Ltd. has acquired the Gladden Farms master-planned community.

05/24/11
Petrus Partners Acquires finished lots in Phoenix, AZ
Petrus Partners Ltd. has purchased 177 finished lots comprising the entire Artesa subdivision for $3.2 million.

04/28/11
Petrus Partners Acquires Residential and Commercial land in Goodyear, AZ
Petrus Partners Ltd. has purchased 145 acres of residential and commerical land in the Palm Valley master planned community for $3.9 million.

02/28/11
Petrus Partners Acquires Residential Lots in Goodyear, AZ
Petrus Partners Ltd. has purchased 50 residential lots in the Canyon Trails master planned community for $1.2 million.

01/20/11
Petrus Partners Acquires Residential Lots in Waddell, AZ
Petrus Partners Ltd. has purchased for $2.08 million 88 residential lots in the Cortessa master planned community in Waddell.

01/04/11
Petrus Partners Acquires 67 Residential Lots in Phoenix, AZ
Petrus Partners Ltd. has purchased 67 residential lots in the Blossom Hills Two subdivision in Phoenix, AZ for $2.0 million.

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