GRBK - Green Brick Partners partners with Taylor Morrison for joint development

Green Brick Partners (GRBK) along with Taylor Morrison partnership completed the purchase of ~900 acres north of Sendera Ranch in Fort Worth for a joint development.Madero, the community, will bring 2.5K+ value-oriented homes to this growth corridor of Fort Worth.Madero construction is estimated to start in 1Q21 and will include 50', 60', and 77' wide homesites in multiple phases.Green Brick Partners will be offering ~1.25K homes through its Trophy Signature Homes brand while remaining will be offered by Taylor Morrison; homes are expected to start in the high $200s.Homebuilders are slated to begin construction by early 2022.

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Green Brick Partners partners with Taylor Morrison for joint development