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Brookfield Residential and North America Sekisui House Expand Partnership

On March 6, 2025, Brookfield Residential and North America Sekisui House (NASH) revealed the expansion of their strategic partnership, marking a significant milestone in the U.S. real estate landscape. The companies have entered into a new investment agreement amounting to $1.6 billion, focusing on several master-planned communities (MPCs) across key markets in the United States.

Expanding Real Estate Footprint

This latest collaboration builds upon the existing relationship between Brookfield and NASH, which has already seen a shared portfolio of approximately 30,000 single-family lots. The partnership now includes investments in five additional MPCs, reinforcing their commitment to residential land development. Key growth areas for the joint venture include dynamically expanding markets like Austin, Phoenix, Denver, and Northern California, which are poised for substantial growth.

With this expansion, Brookfield Residential and NASH are diversifying their geographic presence, now encompassing 11 states and 13 markets—areas responsible for generating nearly 50% of all single-family housing permits in the U.S. This growth illustrates the companies' strategic vision and their ability to adapt to the evolving needs of homebuyers and builders within these markets.

Commitment to Innovation and Sustainability

Both companies are leveraging their expertise to foster innovation and sustainability in housing development. The partnership emphasizes creating vibrant, quality communities that offer long-term value. Hiroaki Takahama, the CEO of NASH, expressed his enthusiasm, stating, "This milestone investment reflects our dedication to delivering exceptional communities that enhance the quality of life for our residents. By deepening our partnership with Brookfield Residential, we are paving the way for sustainable growth and setting new benchmarks for residential development in the United States."

Adrian Foley, President and CEO of Brookfield Residential, echoed this sentiment, highlighting the impressive array of land assets they will collaboratively develop. He remarked on the excitement surrounding the ongoing growth of their combined business, emphasizing that these master-planned communities represent some of the nation's finest developments.

Addressing Housing Demand

The strategic partnership not only enhances their existing portfolio but also significantly increases the number of available home sites for builders. This move is designed to meet the ongoing and urgent demand for housing in the U.S. and strategically positions both companies to capitalize on forthcoming opportunities within the expanding residential market.

The partnership remains committed to transparency and long-term value for all stakeholders involved while simultaneously contributing to the enhancement of community living spaces. By addressing these current residential needs, the companies seek to maintain their competitive edge in a demanding market.

About the Companies

Brookfield Residential Properties ULC is a prominent land developer and homebuilder in North America, dedicated to developing master-planned communities and conducting its own homebuilding operations.

North America Sekisui House, LLC (NASH), as the U.S. arm of Sekisui House, Ltd., is committed to constructing sustainable communities through innovative design and responsible building practices since establishing its presence in North America in 2010.

With a focus on these principles, both Brookfield and NASH are well-positioned to address the challenges of residential development while ensuring quality and sustainability in their projects.