PHOENIX — A rental community in Surprise has been sold by a national homebuilder for over $32 million.

RELATED STORIES • Developer secures $183M in financing for sports academy complex near TSMC in Phoenix

Developer secures $183M in financing for sports academy complex near TSMC in Phoenix

Yardly Paradisi, a 193-home community located near Cactus Road and Cotton Lane, was sold by homebuilder company Taylor Morrison to Christopher Todd Capital for $32.76 million last week, according to a news release.

As part of the sale, Yardly Paradisi will be rebranded to Christopher Todd Communities Paradisi.

“We are thrilled to add Paradisi to the Christopher Todd Capital portfolio,” CEO and Founder of Christopher Todd Communities Todd Wood said in the release. “Taylor Morrison is a respected na

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