The True Life Companies (TTLC), a Denver-based real estate investment and development firm specializing in attainable for-sale housing (along with its subsidiaries, The True Life Companies Elite Fund I and The True Life Companies Elite Fund III), has announced a land parcel sale in Austin.
The transaction involved a 15-acre parcel entitled for the development of up to 45 detached single-family homes. Tri Pointe Homes acquired this property, which will contribute to the expansion of for-sale housing in the Austin metro area.
“This achievement underscores our commitment to addressing the housing shortage in high-demand markets,” said Scott Clark, CEO at The True Life Companies, after completion of the deal. “Our strategic approach to urban infill has allowed us to optimize the property development in accordance with local zoning requirements, which we believe benefits both the community and our investors. We’re committed to our ongoing strategy to create and unlo
