The Scottsdale-based firm Land Advisors Resort Solutions, which is a division of the Land Advisors Organization, recently facilitated a joint venture partnership in Prescott.
The venture is between Talking Rock’s existing developer, Harvard Investments, and a new development and equity partner, The True Life Companies of San Ramon, Calif., to further the expansion of the community, its building program and new amenities as part of a long term development strategy. Talking Rock is a fully-amenitized, award winning golf course community originally developed by Talking Rock Land, LLC, an entity of Scottsdale-based Harvard Investments. The current real estate offering at Talking Rock includes custom homesites, custom homes, low maintenance Ranch Cottages and new model homes by Geoffrey Edmunds. True Life Companies plans to increase new home construction, new model home designs and new golf course custom homesite releases over the next 24 months.
Ben Jenkins, principal of LARS, said the recent transaction represent the firm’s diverse resort community asset brokerage and resort retail sales and marketing services.
Under the leadership of Jenkins, Land Advisors Resort Solutions has generated more than $50M in resort real estate sales since 2012. The firm’s roster of national clients include FireRock Country Club in Fountain Hills, Ariz.; Quintero Golf and Country Club in Peoria, Ariz.; Cornerstone Club near Telluride, CO; Victory Ranch in Kamas, Utah; Black Rock in Coeur d’Alene, Idaho; Hale Mua in Maui, Hawaii; KIP Lake Keowee near Greenville, SC; and Boot Ranch in Fredericksburg, TX.