MTH - Green Brick Partners purchased additional homesites for residential offering

Green Brick Partners (GRBK) in partnership with Meritage Homes (MTH) closed the purchase of ~2.4K homesites with a total build-out value of circa $640M for the development of Eastridge, Princeton, Texas’ newest residential community.The community will be a equal partnership between Meritage Homes and Trophy Signature Homes, Green Brick Partners' subsidiary.Eastridge is anticipated to open for presales in late 2022."Demand for homes in north DFW has continued to grow exponentially, and Princeton is no exception. We have seen remarkable interest from buyers in our neighboring Brookside community, and knew that growing our presence in Princeton was the next step in meeting the market’s growing need for quality homes," COO & EVP Jed Dolson commented.

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Green Brick Partners purchased additional homesites for residential offering