Christopher Todd Capital, the Arizona-based privately held family office that owns Christopher Todd Communities, has closed escrow on its first Texas build-to-rent acquisition.
The company purchased The Cottage Green in Conroe, a recently completed 314-home community spanning 40 acres and featuring cottages, townhomes, unique bungalows, garden homes and lofts. HMFA Houston Property Owner I, LLC was the seller of The Cottage Green – soon to be rebranded as Cottage Living – and Willow Bridge was selected as the property management company.
“This is an exciting acquisition for us,” said Brent Long, president of Christopher Todd Capital. “Texas is a priority for our growth strategy and this community in particular features a unique array of rental housing options. It is also the debut of our new brand, Cottage Living.”
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