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Nextage Realty Professionals

Lenders pull plug on Prescott Valley developer

By Jason Soifer

The Daily Courier
Monday, October 27, 2008

PRESCOTT VALLEY – A prominent Tempe-based homebuilder has closed his doors.  Dave Brown, chief executive officer of Brown Family Communities, said Monday afternoon that his lenders called on his outstanding loans, forcing him to close his doors after more than three decades building homes in Arizona.

Brown built homes throughout [...]