Värde Partners and Touchstone Communities Acquisition of Park Circle Land

Deal value: $95,000,000

Värde Partners and Touchstone Communities acquired land in North San Diego County to develop Park Circle, a new master-planned community with a focus on walkability, amenities, and sustainable design.

The core investment motivation is to capitalize on the acute housing shortage in North San Diego County by developing Park Circle, a master-planned community offering a mix of affordable and market-rate homes. The strategic purpose is to deliver much-needed, attainable housing in a supply-constrained, high-demand market, leveraging Värde Partners’ global real estate expertise and Touchstone’s local development capabilities. The timing is driven by demographic growth, persistent affordability challenges, and strong demand for walkable, amenity-rich communities.