CBA LAND CAPITAL PURCHASES 21 VACANT LOTS IN WEDGEWOOD FOREST
HOUSTON – CBA Land Capital purchased of 21 developed lots in the Wedgewood Forest Development February 6, 2020. Wedgewood Forest is in Montgomery County on Highway 105 west of Interstate 45. The lots were purchased from Houston area residential community developer, Land Tejas.
CBA Land Capital provides specialty finance services to master-planned community developers and homebuilders through strategic financing structures. This acquisition is one in a series CBA Land Capital has closed with Houston-based developers and builders. “We’re able to provide accelerated cash flow and liquidity for developers and much-needed liquidity for home builders,” said Philip Guyton, Director of CBA Land Capital. “In turn, our partner clients, such as Land Tejas, are able to expedite continued development, or in the case of a home builder, build well-located lot inventory in preferred communities.”
“We’re proud to have such a great relationship with the leading residential developer in greater Houston,” Guyton added. Land Tejas was ranked number one on the Houston Business Journal Largest Houston-area Residential Real Estate Developer List unveiled last month.
In addition to its work with developers, CBA Land Capital has financed lot purchases for area homebuilders looking to secure placement in key master-planned communities. CBA Land Capital LP focuses on supporting responsible growth for developers and homebuilders navigating today’s lending environment with specialty financing opportunities. CBA Land Capital is a non-traditional lender and investment partner to create a structure to alleviate capital and resource strains.