BROOKFIELD RESIDENTIAL HAS ACQUIRED AN OWNERSHIP POSITION IN KOLTER LAND TO EXPAND RESIDENTIAL LAND DEVELOPMENT IN SOUTHEAST U.S.
Brookfield Residential has acquired an ownership position in Kolter Land to expand residential land development across the Southeast U.S. The strategic partnership combines Kolter's operational strength in the Southeast with Brookfield Residential's real estate investment expertise. The collaboration aims to provide finished residential lots and mixed-use pads to builders in Florida, Tennessee, Georgia, and the Carolinas. Jim Harvey, a 30-year veteran, will lead the partnership, transitioning from his role as President of Kolter Land. The partnership will leverage Brookfield's position as one of the largest lot suppliers to homebuilders and Kolter's established relationships with Southeast's leading public and private builders.
Brookfield Residential ha acquisito una partecipazione in Kolter Land per espandere lo sviluppo di terreni residenziali nel sud-est degli Stati Uniti. Questa partnership strategica unisce la forza operativa di Kolter nel sud-est con l'esperienza di investimento immobiliare di Brookfield Residential. L'obiettivo della collaborazione è fornire lotti residenziali finiti e appezzamenti a uso misto ai costruttori in Florida, Tennessee, Georgia e nelle Carolina. Jim Harvey, veterano con 30 anni di esperienza, guiderà la partnership, passando dal suo ruolo di Presidente di Kolter Land. La partnership sfrutterà la posizione di Brookfield come uno dei più grandi fornitori di lotti per costruttori di case e le relazioni consolidate di Kolter con i principali costruttori pubblici e privati del sud-est.
Brookfield Residential ha adquirido una participación en Kolter Land para expandir el desarrollo de terrenos residenciales en el sureste de EE. UU. Esta asociación estratégica combina la fortaleza operativa de Kolter en el sureste con la experiencia en inversión inmobiliaria de Brookfield Residential. La colaboración tiene como objetivo proporcionar lotes residenciales terminados y terrenos de uso mixto a constructores en Florida, Tennessee, Georgia y las Carolinas. Jim Harvey, un veterano con 30 años de experiencia, liderará la asociación, realizando la transición desde su rol como presidente de Kolter Land. La asociación aprovechará la posición de Brookfield como uno de los mayores proveedores de lotes para constructores de viviendas y las relaciones consolidadas de Kolter con los principales constructores públicos y privados del sureste.
브룩필드 리지덴셜이 콜터 랜드의 소유권을 인수하여 미국 동남부의 주거용 토지 개발을 확장합니다. 이 전략적 파트너십은 동남부에서의 콜터의 운영 강점과 브룩필드 리지덴셜의 부동산 투자 전문성을 결합합니다. 협력의 목표는 플로리다, 테네시, 조지아 및 캐롤라이나의 건설업체에게 완성된 주거 부지와 혼합 용도 구역을 제공하는 것입니다. 짐 하비, 30년 경력의 베테랑이 파트너십을 이끌며 콜터 랜드의 사장에서 전환합니다. 이 파트너십은 브룩필드가 주택 건설업체에 대한 최대 부지 공급업체 중 하나로서의 입지를 활용하고, 콜터의 동남부 주요 공공 및 민간 건설업체와의 확립된 관계를 이용할 것입니다.
Brookfield Residential a acquis une participation dans Kolter Land pour étendre le développement résidentiel dans le sud-est des États-Unis. Ce partenariat stratégique combine la force opérationnelle de Kolter dans le sud-est avec l'expertise en investissement immobilier de Brookfield Residential. La collaboration vise à fournir des terrains résidentiels finis et des espaces mixtes aux constructeurs en Floride, au Tennessee, en Géorgie et dans les Carolines. Jim Harvey, un vétéran de 30 ans, dirigera ce partenariat, passant de son rôle de président de Kolter Land. Ce partenariat tirera parti de la position de Brookfield en tant que l'un des plus grands fournisseurs de terrains pour constructeurs et des relations établies de Kolter avec les principaux constructeurs publics et privés du sud-est.
Brookfield Residential hat eine Beteiligung an Kolter Land erworben, um die Entwicklung von Wohnland im Südosten der USA auszubauen. Diese strategische Partnerschaft kombiniert die operative Stärke von Kolter im Südosten mit der Expertise von Brookfield Residential im Bereich Immobilieninvestitionen. Das Ziel der Kooperation ist es, fertiggestellte Wohnbauparzellen und Mischflächen an Bauunternehmer in Florida, Tennessee, Georgia und den Carolinas bereitzustellen. Jim Harvey, ein 30-jähriger Veteran, wird die Partnerschaft leiten und wechselt von seiner Position als Präsident von Kolter Land. Die Partnerschaft wird Brookfields Position als einen der größten Parzellenlieferanten für Wohnungsbauer und Kolters etablierte Beziehungen zu den führenden öffentlichen und privaten Bauunternehmern im Südosten nutzen.
- Strategic expansion into high-growth Southeast U.S. market
- Combination of Kolter's regional expertise with Brookfield's scaling capabilities
- Access to established relationships with leading public and private builders
- Diversification of lot supply business in new geographic markets
- None.
Insights
This strategic partnership marks a significant expansion in the Southeast U.S. residential land development sector. Brookfield Residential's acquisition of a stake in Kolter Land combines two powerhouses, creating a formidable force in lot development and land entitlement. The Southeast market presents substantial growth opportunities due to continued migration patterns and strong housing demand.
The partnership addresses a important market need as builders increasingly prefer to outsource land development to specialized firms, reducing their capital exposure and development risks. This trend has accelerated post-pandemic, making the timing of this partnership particularly strategic. The combined entity will benefit from Kolter's established regional relationships and Brookfield's extensive capital resources and operational expertise.
The partnership's focus on Florida, Tennessee, Georgia and the Carolinas targets some of the fastest-growing housing markets in the U.S., positioning it well for long-term value creation in residential lot development and mixed-use projects.
The Southeast U.S. housing market fundamentals remain robust despite current interest rate headwinds. This partnership strategically positions both companies to capitalize on the region's strong demographic trends, including population growth and business relocations. The deal strengthens Brookfield's presence in key growth markets while providing Kolter with enhanced financial capabilities to expand operations.
The focus on providing finished lots to homebuilders is particularly timely as builders seek to optimize their capital allocation and reduce land-related risks. This asset-light strategy allows homebuilders to focus on construction while relying on specialized developers for land development, creating a win-win scenario for all parties involved.
Strategic partnership to expand residential land acquisition and development to provide finished lots to homebuilders across the
The Partnership combines Kolter's operational strength in the Southeast with Brookfield Residential's broad experience in real estate investments and scaling businesses. Deploying a shared commitment to excellence, the Partnership will capitalize on the Southeast's long-term growth as well as an increasing desire among builders to place land development in the hands of expert partners.
Jim Harvey, a 30-year veteran of residential development, will be pivoting from his role as President of Kolter Land to head the Partnership. He said, "Our partnership with Brookfield Residential represents a significant milestone for Kolter Land. Our shared vision, and complementary strengths, position us to be the land developer of choice in the Southeast. We look forward to a successful collaboration that will benefit our Partnership and the communities we serve."
Brookfield Residential specializes in land entitlement and development to create dynamic neighborhoods and master-planned communities across the US. The firm provides lots to third-party customers, including their own homebuilding business, and is one of the largest suppliers of lots to the homebuilding industry. It will build upon the already industry-leading relationships of Kolter Land, which has sold lots to the Southeast's leading public and private builders as well as the sale of retail and multifamily parcels to other vertical developers.
Adrian Foley, President & Chief Executive Officer of Brookfield Residential, stated, "We are thrilled to partner with Kolter to expand our operations in the Southeast market. Our combined expertise and resources will enable us to deliver high-quality residential and mixed-use communities that meet the growing demand in
About The Kolter Group: The Kolter Group ("Kolter") is a private investment firm focused on real estate development and investment. Kolter operates four residential development business units and has sponsored over
About Brookfield Residential: Brookfield Residential Properties ULC is a leading land developer and homebuilder in
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SOURCE The Kolter Group
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