Lennar Homes Acquires Development Site In Celina From Sahara Equity And Partners For $1 Billion

The property asset involved in the transaction is a development site located at FM 455 in the market of Celina, Texas. The site has a total area of 32,713,560 square feet and is part of a larger master planned community project. The transaction was closed on December 17, 2025.

Summary of transation details:

• Property Type: Development Site
• Transaction Amount: Not disclosed
• Address: FM 455
• Market: Celina
• Asset Size: 32,713,560 SF
• Buyer: Lennar Homes
• Seller: Sahara Equity, Golden Ranches, Summit Celina Propco, Bhatia Family & Maroon Star Partners
• Broker: Chris Janowski, Scott Rodgers & Steele Hungerford - Duwest Realty

The transaction represents the successful closure of the first phase of a 751-acre master planned community in the ETJ of Weston, TX (Celina ISD). The development will include 2,156 lots and has an estimated build-out value exceeding $1 Billion. The properties were assembled and negotiated by Chris Janowski, Scott Rodgers, and Steele Hungerford of DuWest Realty, with additional assistance from Ryan Turner, David Davidson, Edward Bogel of DBRE, and John Simmons of Patria Realty Group.