BoyarMiller Represents Trendmaker Homes in the Sale of Cross Creek Ranch to Johnson Development Corp.
Featured in The Wall Street Journal’s “Deal of the Week”
HOUSTON, Texas (April 16, 2012) — BoyarMiller represented Trendmaker Homes in the sale of the master-planned community Cross Creek Ranch to an affiliate of Johnson Development Company.
Originally designed and developed by Trendmaker Homes, Cross Creek Ranch opened in Spring 2008. In 2011, new home sales in Cross Creek Ranch placed it as one of the top 20 best-selling master-planned communities in the United States. Most recently, the west Houston community was recognized as Houston’s 2012 Master Planned Community of the Year by the Greater Houston Builders Association.
Located in the top-performing area for new home sales in Houston, Cross Creek Ranch currently has close to 700 homes with another 5,000 home sites available for development over the next 10 years. Approximately 200 acres in the community have been set aside for retail, commercial and multi-family.
The purchase of the popular master-planned community marks Johnson Development’s entry into the Katy sub-market, an area the Houston-based development company with a 30-year track record has eyed for years.
Will Holder, president of Trendmaker Homes, says the company will continue to build homes in Cross Creek Ranch. He adds the sale will allow Trendmaker Homes to participate aggressively in other communities in Houston.
“We’re proud of what we started in Cross Creek Ranch and will continue to explore new areas of growth in the Houston area,” says Holder.
On Tuesday, April 24, 2012 this deal was featured online in The Wall Street Journal’s “Deal of the Week”. Click here for full WSJ story.
About Trendmaker Homes
Established in 1971, Trendmaker Homes has long been recognized as Houston’s premier luxury home builder for generations of Texans. Trendmaker is focused on providing superior quality new homes for Texans who expect nothing less than the best. For more information about Trendmaker Homes, click here.
About Johnson Development Corp.
The Johnson Development Corp. is a Houston-based, award-winning residential and commercial land development company. For more than three decades, the company has set the standard for successful master-planned communities in Houston, Atlanta and other markets around the country. Its impressive collection of Houston-area communities includes Sienna Plantation, Riverstone, Fall Creek, Woodforest, Tuscan Lakes, Edgewater, Silverlake and the new Imperial development. Johnson Development’s communities in Atlanta include Towne Lake, BridgeMill and Lake Arrowhead. The company also provides outsourced development and construction services for property owners without the management resources or in-house development team to realize the potential of their land positions. For more information on Johnson Development click here.