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Aristotle
Nitroglycerin


Joined: 05 Dec 2007
Posts: 594
Location: On a sand dune, sipping a cold soda

T. W. Lewis Phoenix
PostPosted: Wed Dec 01, 2010 1:35 am Reply with quoteBack to top

Have any of you recently heard of T.W. Lewis Company out of Phoenix either acquiring land in California markets to develop lots or build homes?

Have any of you recently heard of T.W. Lewis Company becoming a representative for hedge funds or investment funds in buying choice land for future development?

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Aristotle

As Yogi Berra said "It's like deja vu all over again."
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AZPopsicle
Dud?


Joined: 27 Apr 2009
Posts: 12
Location: AZ

Re: T. W. Lewis Phoenix
PostPosted: Sat Dec 11, 2010 7:38 pm Reply with quoteBack to top

Havent heard that. They seem to be on the move purchasing a few new land deals, but I havent seen any dirt moving there...just signage. I dont know financial specifics but I find it hard to believe that they can sustain major growth when they have only been moving 40-70 homes a year. I can see the second part of that though. They have a good brand name here with the high end market. Partnering up with investment funds would not surprise me.
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