BRADENTON, Fla., April 7 /PRNewswire/ — Starwood Land Ventures, LLC announces that it has formed a joint venture with an affiliate of Taylor-Duncan Interests, Inc., a Dallas, Texas-based firm specializing in residential land development. The new partnership, TD Star Land, will pursue strategic land development opportunities in the Dallas-Fort Worth area.
“The Dallas-Fort Worth market has always been a strategic target for us and Taylor Duncan has been active in this market for decades,” said Mike Moser, east region president of Starwood Land Ventures. “We look forward to working with Taylor-Duncan Interests in this partnership, and are confident we will be able to acquire excellent residential properties in the area.”
Larry Taylor, president of Taylor-Duncan, said the new venture is pursuing developed homesites, zoned land and other single-family residential properties in the Dallas-Forth Worth metropolitan area.
“We have developed residential communities for many of the national and regional builders in the area,” Taylor said. “With the strength of Starwood Land Ventures behind us, we should be able to capitalize on some excellent buying opportunities and offer builders desirable lot positions as the market recovers.”
Starwood Land Ventures has been actively pursuing joint venture relationships with firms across the country to seek out financing and development opportunities countrywide. To date, the firm has established partnerships with experienced, well established firms in Houston, Atlanta, Charlotte, Raleigh, Northern and Southern California, and Northern Virginia and may make additional announcements in the coming months.
About Starwood Land Ventures, LLC
Starwood Land Ventures, LLC is a Bradenton, Florida-based residential real estate, development and investment firm focused on land acquisition, development and financing nationwide. The firm is a controlled affiliate of Greenwich, CT based Starwood Capital Group Global, LLC. Starwood Land partners with builders, developers, lenders and land holders and will provide creative solutions to recapitalize assets with both debt and equity. The firm specializes in the acquisition, entitlement and development of large, master-planned communities, which may include mixed-use components. Through its platform of partnerships with leading development firms, Starwood Land and its experienced team aim to be the capital partners of choice in select markets. Starwood Land currently has operations in Arizona, California, Florida, Georgia, Maryland, Nevada, North Carolina, South Carolina, Texas and Virginia. For more information about Starwood Land, visit www.starwoodland.com.
SOURCE Starwood Land Ventures, LLC