Trumark Homes & Arroyo Capital Partners Acquire 162 Acres In East Dublin For $164M

Trumark Homes and Arroyo Capital Partners have completed a real estate transaction in East Dublin. The property involved in the deal is a 162-acre land located at 4038 Croak Road. The transaction took place on October 6, 2023. The buyer, Trumark Homes, represented by Michael Maples and Gregg Nelson, as well as Arroyo Capital Partners, represented by Leigh Austin, Jeff Brouelette, and Dan McCann, acquired the land from the seller, Croak Properties. The sale price for the property amounted to $164 million.

Summary of transaction details:

• Property Type: Land
• Transaction Amount: $164,000,000
• Acres: 162
• Address: 4038 Croak Road
• Market: East Dublin

This transaction allowed Trumark Homes to gain immediate access to cash. After purchasing the land, Trumark Homes sold it to Arroyo Capital Partners. The sale will enable the construction of 537 homes on the 162-acre property.