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back June 11th 2024
GrowthSpotter
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Growthspotter reports that national homebuilder Lennar has purchased 323 homesites for $10.77 million in our Crossprairie master-planned community in Central Florida. This acquisition makes Lennar the fifth builder in the 1,400-acre community, joining Jones Homes, Meritage Homes, M/I Homes, and Beazer Homes. Lennar's site will feature a mix of townhomes and single-family homes in the ED-2 neighborhood. BTI Partners' master-planned communities attract top builders in Florida, eager to increase housing inventory for first-time homebuyers and move-ups in the region.

“Central Florida is experiencing rapid growth, putting significant pressure on an already tight housing market,” said Noah Breakstone, CEO of BTI Partners. “By acquiring large tracts of land, developing infrastructure for master-planned communities and bringing homebuilders on board, BTI Partners consistently provides ready-to-build land for new residential developments. This approach helps the homebuilding industry expedite construction and increase the housing supply.”