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Sign in Sign up for a FREE subscriptionLandmark Properties announces construction start for second BTR neighborhood in Spring, Texas
Landmark Properties has held its second groundbreaking from its new build-to-rent (BTR) division focused on single-family rental home neighborhoods.
Construction is scheduled to begin in October at The Everstead at Windrose in Spring, Texas. The project will be pursued in a partnership with Principal Real Estate Investors.
“Landmark is excited to kick off our partnership with Principal, and we look forward to developing a first-class neighborhood with The Everstead at Windrose,” said Wes Rogers, president and CEO of Landmark Properties. “With nearly 30 BTR projects in the pipeline, our fully integrated platform is well-positioned to quickly expand our single-family rental portfolio despite the distress in capital markets.”
The Everstead at Windrose, located at 7801 Farm to Market 2920 in Spring, Texas, will add 194 townhouses, single-family homes, and cottage-style homes to the Houston area’s rental offerings. The gated community will provide residents