Green Brick Partners, Taylor Morrison, and Davidson Bogel Real Estate Win Dallas Business Journal’s Best Real Estate Deals Award

Rhea-AI Summary

Dallas Business Journal recognized Green Brick Partners (Nasdaq: GRBK) along with Taylor Morrison and Davidson Bogel Real Estate for the 2020 Best Land Transaction award for the Madero community. This 895-acre residential development will feature 2,500 homes and extensive amenities, with the first phase expected by the end of 2021. The community is strategically located in north Fort Worth, an area experiencing rapid growth. Green Brick aims to replicate the success seen at neighboring Cibolo Hills, according to COO Jed Dolson.

Positive

• Awarded the Best Land Transaction for Madero, indicating strong market recognition.
• Strategic location in a fast-growing area of north Fort Worth enhances potential sales.
• Development includes extensive amenities, attracting potential homebuyers.

Negative

• None.

DALLAS, Sept. 30, 2021 (GLOBE NEWSWIRE) -- Dallas Business Journal held its 2020 Best Real Estate Deals Awards on September 23^rd. The Best Land Transaction award went to Dallas-based Green Brick Partners, Inc. (Nasdaq: GRBK), Taylor Morrison (NYSE: TMHC), and Dallas-based Davidson Bogel Real Estate (DB2RE) for the residential community of Madero.

The 895-acre, 2,500 home master-planned community, which is being developed by Green Brick Partners in partnership with Taylor Morrison, will include extensive amenities throughout, including two amenity centers with resort-style pools, expansive green spaces with walking trails, parks, and a neighborhood retail area. The first phase of the community is anticipated to be delivered at the end of 2021.

“Madero, is strategically positioned in north Fort Worth between I-35W, HWY 287, and SH-114, in one of the fastest growing areas of DFW. We have seen great success at neighboring Cibolo Hills and are optimistic of a similar reception from homebuyers at Madero,” said Jed Dolson, Chief Operating Officer and Executive Vice President for Green Brick Partners. “We are thrilled to be receiving this recognition from Dallas Business Journal and look forward to providing homebuyers the opportunity to purchase quality homes under our Trophy Signature Homes brand in the amenity-rich community.”

“We’re honored by this recognition and excited to be partners in this premier community,” said Keith Hurand, Taylor Morrison’s Division President for DFW. “Madero has everything a resident could want with a wide-range of quality amenities and exceptional home designs that give buyers lots of options to maximize their living space.”

Simon Beakley, Edward Bogel, and David Davidson, Jr. of DB2RE brokered the nearly 900-acre transaction. In addition to the winning transaction of Madero, Davidson Bogel Real Estate and Green Brick Partners were finalists in the Land Transaction category for Ellis Ranch, in Waxahachie, Texas.

About Green Brick Partners, Inc.

Green Brick Partners, Inc. (Nasdaq: GRBK) is a diversified homebuilding and land development company. Green Brick owns five subsidiary homebuilders in Dallas, Texas (CB JENI Homes, Normandy Homes, Southgate Homes, Trophy Signature Homes, and a 90% interest in Centre Living Homes), as well as a controlling interest in a homebuilder in Atlanta, Georgia (The Providence Group) and an 80% interest in a homebuilder in Port St. Lucie, Florida (GHO Homes). Green Brick also owns a noncontrolling interest in Challenger Homes in Colorado Springs, Colorado, and retains interests in related financial services platforms, including Green Brick Title, Green Brick Mortgage, and BHome Mortgage. The Company is engaged in all aspects of the homebuilding process, including land acquisition and development, entitlements, design, construction, marketing, and sales for its residential neighborhoods and master-planned communities. For more information about Green Brick Partners Inc.’s subsidiary homebuilders, please visit greenbrickpartners.com/homebuilders.

About Taylor Morrison

Headquartered in Scottsdale, Arizona, Taylor Morrison is a leading homebuilder and developer operating under our family of brands—including Taylor Morrison, Esplanade and Christopher Todd Communities built by Taylor Morrison. We serve a wide array of consumers from coast to coast, including first-time, move-up, luxury and 55-plus active lifestyle buyers. From 2016-2021, Taylor Morrison has been recognized as America's Most Trusted® Builder by Lifestory Research. Our strong commitment to sustainability, our communities and our team is highlighted in our 2020 Environmental, Social and Governance (ESG) Report. For more information about Taylor Morrison, please visit www.taylormorrison.com.

About DB2RE

Davidson Bogel Real Estate (DB2RE) is a boutique land investment advisory group and brokerage firm headquartered in the Dallas-Fort Worth Metroplex. Founded by David Davidson, Jr. and Edward Bogel in 2015, the base principal of the company is exceptional client service with investment and development of land throughout Texas and Oklahoma as the focus. DB2RE concentrates on land acquisitions, dispositions, and investment sales for families, trusts, and developers of retail, multi-family, industrial/mixed-use, and single-family communities. For more information, visit db2re.com.

Green Brick Partners Contact:
Shalott Cecchini
Director of Marketing
Green Brick Partners
scecchini@greenbrickpartners.com
www.greenbrickpartners.com         

Taylor Morrison Contact:
Sophia Hargrove
Marketing Manager
Taylor Morrison
shargrove@taylormorrison.com
www.taylormorrison.com

DB2RE Contact:
Shawn Burns        
Marketing Manager        
Davidson & Bogel Real Estate, LLC
sburns@db2re.com
www.db2re.com

FAQ

What award did Green Brick Partners win?

Green Brick Partners won the Best Land Transaction award for the Madero community from Dallas Business Journal.

What is the size and scope of the Madero community?

The Madero community spans 895 acres and will feature 2,500 homes along with extensive amenities.

What is the anticipated delivery date for the Madero community?

The first phase of the Madero community is expected to be delivered by the end of 2021.

What companies are involved in the Madero project?

The Madero project involves Green Brick Partners, Taylor Morrison, and Davidson Bogel Real Estate.

Where is the Madero community located?

Madero is located strategically in north Fort Worth, Texas, between I-35W, HWY 287, and SH-114.