Lowe Enterprises Expands Village Homes Portfolio with Acquisition of 113 Residential Lots
Village Homes has completed the acquisition of 113 residential lots from Compass Bank, including 60 in the Meadows, one of the Denver area’s most popular master-planned communities. In addition to the Meadows, the acquisition includes lots in communities that were included in Lowe’s original Village Homes acquisition, such as the Idyllwilde, Observatory Village and Granby Ranch communities, expanding Village Homes existing holdings in these premier Denver area communities. Lowe Enterprises, in joint venture with Homebuilder Capital Solutions, acquired Village Homes – the right to do business, the brand identity, and almost 1,000 lots and homes – on December 23, 2009.
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