Ryland Group Buys Trend Homes, Takes Over 7 Phoenix-Area Communities

Trend Homes’ Parent company Najafi Cos. LLC has agreed to sell its operations and assets to the Ryland Group Inc., a publicly traded home builder based in Westlake Village, Calif., for an undisclosed amount.

All Trend Homes employees are being merged into Ryland, and Reed Porter, Trend’s president and CEO, will serve as Ryland’s Phoenix division president.

Ryland is taking over Trend’s seven existing communities in Phoenix, Scottsdale and Gilbert, as well as four developments that are under way, including 84 homes at DMB Associates Inc.’s Eastmark community at the former GM Proving Grounds in Mesa.

Phoenix Business Journal by Kristena Hansen, Reporter

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