February 22, 2017
Crescent Communities Sells The Groves
Crescent Communities has sold The Groves, a 1,000-acre master-planned community northeast of Houston, and two other Texas communities, the Charlotte-based company…
February 22, 2017
Global Investment Firm Buys Belterra Near Dripping Springs
Austin Business Journal – Belterra, the master-planned community between Austin and Dripping Springs, has been acquired by an $8.9 billion…
February 21, 2017
Crescent Communities Sells Interests in Three Texas Communities
Houston Chronicle – Crescent Communities today announced it has sold three of its Texas single-family communities to funds managed by…
A North Carolina-based developer has sold its Houston-area master-planned community and two other single-family communities in Texas. Funds managed by Minneapolis-based Castlelake LP bought the properties from Crescent Communities for an undisclosed amount. Ashlar Development LLC will continue developing and…