Brookfield Residential and Trez Capital Joint Venture for Florida Master-Planned Community

Deal value: $210 Million

Brookfield Residential and Trez Capital formed a joint venture to complete a master-planned community in Florida, focusing on land entitlement, development, and lot sales to third-party builders. The project targets a mix of residential and commercial uses.

The core investment motivation is to capitalize on Florida's rapid population growth and persistent housing demand, particularly in the affordable and first-time homebuyer segments. The joint venture targets a strategic location near Orlando, aiming to deliver over 900 residential lots in a high-growth corridor. The timing reflects a belief in the resilience of Florida's housing market and the opportunity to secure favorable land economics outside major urban centers.