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    • Man convicted of WeWork fraud sells million Phoenix home
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    Man convicted of WeWork fraud sells $4 million Phoenix home

    Harry Posted on

    A Phoenix home in the Arcadia neighborhood was sold by a man recently convicted of a $77 million fraud scheme to increase the value of stock he owned. A home featured in Phoenix Home and Garden magazine was also among the best-selling metro Phoenix homes in mid-October.

    $4,480,000

    Jeffrey and Pamela Stegenga paid cash for a 3,616-square-foot Paradise Valley home with views of Camelback Mountain. He is a managing director of Alvarez & Marsal’s business restructuring practice. The home has four bedrooms, four-and-a-half bathrooms, 12-foot ceilings, an English garden, and a Savant system that provides remote control of lights, shades, TV, and security. Thomas Castleberry sold it.

    $4,100,000

    Michael Carreon purchased a 5,992-square-foot home on the Phoenix side of the Arcadia neighborhood. The house, which has five bedrooms and four and a half bathrooms, also has a children’s section, wine room, game room and bar. JMMAL Mariposa, led by Jonathan Larmore, sold it. On October 22, Larmore was found guilty $77 million fraud scheme To inflate the value of WeWork securities.

    $4,000,000

    Runaway Gene LLC purchased a 4,579-square-foot Phoenix home at the Arizona Country Club golf course featured in Phoenix Home and Garden magazine. The home features six bedrooms, four-and-a-half bathrooms, a golf cart door, 10-car parking, French oak wood flooring, reclaimed wood beams and 25-foot living room ceilings. The sellers were Alexandra and David Venneri. He is the CEO of DAS Technology and sales manager for DAS.

    $3,750,000

    PV Foothills LLC paid cash for the 7,312-square-foot Paradise Valley home with four bedrooms and six bathrooms. The Spanish Mediterranean-style home features two master suites, a large office and a golf course. Jeffrey Brown sold it.

    $3,700,000

    Jeffrey and Hilary Smedsrud of Smedsrud Partners Group, which owns a consortium of small businesses, paid cash for a 4,624-square-foot home in the Desert Mountain neighborhood of north Scottsdale. The house, which has four bedrooms and four and a half bathrooms, does not have any steps. Outside there is a kitchen, pool, spa, fire pit and shower. Paul and Jeannette Arling sold it. He is the CEO of Universal Electronics. The listing was held by Keith and Kirk Marshall of Russ Lyon Sotheby’s International Realty.

    Reach the reporter’s address [email protected] or 602-444-8040. Follow him on X, formerly Twitter: @CatherineReagor.

    Harry
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