CBA Land Capital Closes Lot Bank Deal with Grand Dominion Homes in Lago Mar Development
Financing Venture with Home Builders Secures Key Lot Position Within Top Master-Planned community.
CBA Land Capital, a firm focused on Lot Banking funding for proven homebuilders, today announced that the company closed a lot banking deal with Grand Dominion Homes consisting of 45 lots in Lago Mar, a Land Tejas development. Lago Mar is a 2,033-acre master-planned community in Texas City, located in the rapidly growing Galveston-Clear Lake corridor. At completion, Lago Mar will have approximately 4,000 homes.
“Through this relationship, Grand Dominion Homes is able to kick-start homebuilding while securing inventory for future construction,” said Paul Connor, Principal and Founder of CBA Capital. “We are looking forward to helping Grand Dominion grow in the Houston market!”
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