April 08, 2025
Divestment to Starwood includes 11 master-planned developments in Texas: over 16,000 remaining housing lots, 600 acres of land.
Vancouver-based Trez Capital is part of a joint venture with global developer and investor Hines, which has sold a massive portfolio of 11 master-planned communities under development in Texas to a Starwood Capital-led group for approximately $1.15 billion (all figures Canadian unless noted).