Planned Sedona Lakes community, Manvel, TX
HOUSTON, TX – HFF announced today that it has closed the
sale of a 530-acre master-planned community located in Manvel, Texas.
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| Davis Adams |
HFF marketed the property on behalf of MA Sedona Lakes, LP,
an investment of the E2M Value Added Fund.
Landeavor, LLC, in partnership with Walton Street Capital L.L.C. and its
affiliates, purchased the property for an undisclosed amount.
The community is situated off of Texas State Highway 288 at
the County Road 101 exit just south of Pearland. Sedona Lakes is planned to include 854 residential lots,
which will be completed in four phases, and also includes five commercial
reserves that total approximately 63.02 acres.
The HFF investment sales team representing the seller was
led by managing director Davis Adams.
E2M Partners is a fully discretionary real estate investment
fund manager based in Dallas, Texas, with more than $500 million of equity
capital invested across multiple funds.
E2M invests capital on behalf of its investors in real estate assets and
real estate related debt in selected markets throughout the United States and
within every major asset class.
For a complete copy of the company’s news release, please
contact:
Kristen M. Murphy
Associate Director
HFF | One Post Office Square, Suite 3500 | Boston, MA 02109
Main: 617-338-0990 | Direct: 617-848-1572 | Cell:
617-543-4873 | www.hfflp.com
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