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Three master-planned communities sold in Austin, Humble, Oak PointThree master-planned communities sold in Austin, Humble, Oak Pointhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=159162017-03-01T06:00:00Z2017-03-01T23:00:00Z

​​HUMBLE – A North Carolina-based developer has sold its Houston-area master-planned community and two other single-family communities in Texas.

The following communities were sold:​​
  • The Groves: a 993-acre community in northeast of Houston in Humble;
  • Belterra: a 1,600-acre community in southwest Austin; and
  • Wildridge: a 500-acre development in the Dallas suburb of Oak Point.
Funds managed by Minneapolis-based Castlelake LP bought the properties from Crescent Communities.​
Houston Business Journal
Houston-The Woodlands-Sugar Land
Housing
http://www.bizjournals.com/houston/news/2017/02/21/developer-sells-master-planned-communities-in.html

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