In March 2011, Lexin acquired Veritas Homes at McCormick Ranch ("Veritas") comprising of 36 luxury residential condominium units housed in nine buildings and averaging over 1,900 sf.
Built in 2008, Veritas has very unique and attractive architecture and tremendous curb appeal reminiscent of enigmatic Mediterranean villages. Designed in Mission style, the buildings have a very light-colored smooth stucco finish on the exterior walls and tiled pitched roofs. All of the units have patios and balconies with wrought iron detail, enhancing the architecture and village theme. The windows are painted and some have awnings that add distinction as well as protect from the Arizona sun. Each unit comes with its own attached two-car garage. Common area amenities include a swimming pool, a spa area with an outdoor shower and a barbecue area with an outdoor fireplace.
Veritas is located on Paseo Del Norte, just east of Hayden Road, a major north-south thoroughfare in Scottsdale, AZ, and just minutes from the Loop 101 Freeway, offering easy access downtown Scottsdale and to the entire metropolitan Phoenix area. Located within McCormick Ranch, Veritas provides a very attractive new housing in a well-established infill area. McCormick Ranch is a 3,116-acre master-planned community primarily constructed in the 1970s and 1980s, with scattered in-fill construction. With an estimated population of 23,000 people, McCormick Ranch is one of the largest master-planned community developments in the country. It offers its residents numerous amenities including two championship 18-hole golf courses, more than 25 miles of bicycle paths, public tennis courts, 130 acres of man-made lakes, parks, three four-star resorts and numerous shopping centers in the immediate area. Veritas is also approximately five miles north of Old Town Scottsdale, an important employment, shopping, entertainment and recreational hub.
Veritas is fully sold out.