TerraLane Communities, a developer and operator of rental neighborhoods and the build-for-rent platform of residential investment firm IHP Capital Partners, has acquired 22 acres in Queen Creek, Ariz., for the development of TerraLane at Hudson Station. The new rental community will include 218 homes featuring single-level and two-story townhomes, along with a curated collection of lifestyle amenities.
“TerraLane at Hudson Station is a significant milestone for our company as we expand our portfolio with a new home type that responds directly to the shifting market and completes our product offerings,” said Steve La Terra, CEO at TerraLane Communities. “Queen Creek is experiencing exceptional growth, fueled by strong demand for high-quality housing in a well-connected and family-oriented environment. We are proud to bring a new thoughtfully designed rental community to the area that blends innovation, lifestyle and accessibility for future residents.”
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