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Taylor Morrison Home Company (NYSE: TMHC), Christopher Todd Communities Close on 15 acres in Anna
Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary
Taylor Morrison Home Company (NYSE: TMHC) has acquired a +/- 15-acre parcel in Anna, Texas, in collaboration with Christopher Todd Communities. The site, positioned at a key intersection near national retailers, will feature innovative single-story rental homes and amenities such as a resort-style pool, outdoor event space, and a dog park. The approval of this project involved cooperative efforts with local stakeholders, enhancing housing options in the area.
Positive
Acquisition of a strategic 15-acre land parcel in Anna, Texas.
Project designed to offer innovative single-story rental homes, enhancing local housing supply.
Location is adjacent to major retailers, potentially increasing rental demand.
Negative
None.
ANNA, Texas--(BUSINESS WIRE)--
Taylor Morrison Home Company (NYSE: TMHC) closed on a +/- 15-acre tract of land in the City of Anna in partnership with Christopher Todd Communities.
Taylor Morrison Home Company (NYSE: TMHC) closed on a +/- 15-acre tract of land in the City of Anna in partnership with Christopher Todd Communities. (Photo: Business Wire)
Ryan Turner, Collins Meier, David Davidson, Jr., and Edward Bogel of Davidson Bogel Real Estate, LLC represented the Purchaser, and Steve Ewing and David Copeland of EDGE Realty Partners represented the Seller, Chief Partners in the transaction. Representing one of the key intersections in Anna, the project will be located at the northeast quadrant of FM 455 and US-75, adjacent to numerous national retailers and restaurants, such as Wal-Mart, CVS, Whataburger, Chick-fil-a, and Starbucks. The project will include innovative single-story rental homes for residents of the City of Anna and will include a resort-style pool, outdoor event space, grilling area, and a dog park.
The Seller partnership worked cohesively with Sunny Patel, Taylor Morrison’s Build-to-Rent, Director of Land Acquisition, and the City of Anna to get the project approved.
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.
