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Developer Sells Master-Planned Communities in Houston, Elsewhere in Texas AquisitionsBelterraThe GrovesWildridge
February 21, 2017

Developer Sells Master-Planned Communities in Houston, Elsewhere in Texas

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…
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Great developers are defined by their projects. Each community starts with a vision, but it takes knowledge, experience, and hard work to complete the grand design on-time and on budget.

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