Mike Moser And Anthony Murphy Of Starwood Capital Group Acquire 11 Communities From Hines For $800M

The transaction involves a portfolio of land assets in the Texas market, specifically in Dallas, Houston, and Austin. The sale price for the portfolio was $800,000,000. The assets include over 16,000 residential lots and more than 600 acres of commercial land. The portfolio features high-growth projects like Wildflower Ranch, Furst Ranch, and Mirador, with the infrastructure largely complete and active sales to 30 or more homebuilders.

Summary of transation details:

• Property Type: Land
• Transaction Amount: $800,000,000
• Buyer: Mike Moser & Anthony Murphy - Starwood Capital Group; Land Strategies Management; John D. Hutchinson - Trez Capital
• Seller: Jeffrey C. Hines, Laura Hines-Pierce & Ray Lawler - Hines
• Market: Dallas, Houston & Austin
• Notable Projects: Wildflower Ranch, Furst Ranch, Mirador
• Residential Lots: Over 16,000
• Commercial Land: 600+ acres

This transaction features significant players in the real estate development sector, including Mike Moser and Anthony Murphy from Starwood Capital Group, along with John D. Hutchinson representing Trez Capital. The sellers are notable figures Jeffrey C. Hines, Laura Hines-Pierce, and Ray Lawler, operating under Hines, a prominent real estate investment and development firm.