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Transactions - DECEMBER 29, 2021

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Starwood Capital Group acquires majority interest in assets owned by Houston-based Land Tejas

by Released

Starwood Capital Group announced that a controlled affiliate has acquired a majority interest in the assets owned by Land Tejas, a Houston-based residential development company with a more than 20-year history of creating exceptional lifestyle communities.

Land Tejas, founded in 1997, is one of the largest master-planned community developers in Houston, where the housing market continues to benefit from record low inventory and high demand. The acquisition encompasses 10 communities, many in the late stages of development, with nearly 16,000 residential lots and numerous commercial assets. Land Tejas has become renowned for its extraordinary community amenities that include Crystal Lagoon pools spanning multiple acres with white sand beaches.

“This transaction represents a tremendous opportunity to acquire a high-quality portfolio of mature residential communities built by a first-class developer in a leading growth market,” said Mike Moser, CEO of Starwood Land Ad

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