D.R. Horton has acquired 657 residential lots in Lee and Charlotte counties in Florida for $14 million.
The Arlington, Texas-based builder bought the lots from Brookwood Calusa Creek LLC; Brookwood River Club 1 LLC; Brookwood River Club II LLC; and Brookwood Groves LLC, according to a statement.
The deal spans three communities: Calusa Creek, River Club and The Grove, and consists of 299 single-family lots; 118 townhome lots; 178 Twin villa lots; and 62 undeveloped single-family lots.
Justin Thibaut, William Rollins and Randy Thibaut of Land Solutions Inc. brokered the deal.
Reported by Business Observer (Jan. 4, 2017)
For complete information on D.R. Horton including all corporate and division offices and leading personnel refer to The National Builders Directory and Online Database.