#United States #Brookfield Residential #Trez Capital #Osprey Creek #Polk County

Brookfield Residential and Trez Capital Launch Joint Venture for Osprey Creek Community

In a significant move for the housing market in Central Florida, Brookfield Residential has announced its collaboration with Trez Capital to establish the Osprey Creek community. This venture reflects both companies' commitment to expanding their influence in the residential market while addressing the increasing demand for high-quality and affordable housing options in the region.

The Osprey Creek community will be located in Polk County, approximately 35 miles south of Orlando, and is set to offer over 900 residential lots. The planned community will primarily consist of single-family homes designed with first-time homebuyers in mind. The strategic location ensures easy access to major highways and local attractions, making it suitable for diverse groups including young families, retirees, and professionals seeking affordable options.

Adrian Foley, president and CEO of Brookfield Residential, expressed enthusiasm about this venture, stating, "This collaboration with Trez Capital underscores our commitment to expanding our footprint in key markets like Central Florida." Foley was optimistic about leveraging operational strengths and market insights to create impactful neighborhoods that meet the growing housing needs of the area.

Trez Capital's co-CEO, John D. Hutchinson, also highlighted the importance of this partnership in aligning development expertise with disciplined capital deployment. He stated, "The Osprey Creek community is an excellent example of our ability to identify and invest in high-potential real estate projects that provide lasting value for our investors." This collaboration signifies a strategic partnership designed to enhance the overall quality of life for future residents while also creating substantial long-term value.

The demand for housing in Florida continues to rise due to the state's impressive population growth. Sam Salloway, senior managing director at Trez Capital, noted, "Florida continues to lead the nation in population growth, and this joint venture solidifies our confidence in the region's long-term fundamentals as part of our broader strategy to partner with industry leaders in delivering thoughtfully planned communities that address long-term market demands."

With strong ties to an institutional homebuilder, this joint venture is poised to meet housing needs in rapidly developing areas across Florida. Brookfield Residential is recognized as a leading land developer and homebuilder throughout North America. The company specializes in creating master-planned communities designed for modern living, and their existing portfolio includes a variety of residential developments. As part of Brookfield Corporation, they bring considerable experience in residential property development to this new venture.

Trez Capital, founded in 1997, stands as a diversified real estate investment firm involved in providing commercial real estate debt and equity financing solutions across North America. With a significant amount of capital under management, Trez Capital aims to facilitate quick financing solutions while maintaining a focus on quality developments. Their partnership with Brookfield Residential showcases a shared vision for creating communities that are not just about houses, but about enhancing the quality of life for residents.

As this project unfolds, all eyes will be on how Osprey Creek will evolve into a significant contributor to Central Florida's suburban landscape, providing both residential opportunities and community amenities to cater to its diverse population. The Osprey Creek project not only represents a large-scale development effort but also mirrors the ongoing trends in smart growth and sustainable planning within the housing sector in Florida, ensuring that the community will become a desirable destination for years to come.