COSTA MESA, Calif., March 6, 2025 /PRNewswire/ — Brookfield Residential and North The us Sekisui Space (NASH) are happy to announce the growth in their strategic partnership. NASH has invested in 5 Brookfield Residential master-planned communities (MPCs). With this fresh building, the partnership’s mixed general actual property property in the USA now general roughly $1.6 billion. This enlargement reinforces the partnership’s management in residential land building and underscores Brookfield Residential’s and NASH’s loyalty to handing over fine quality communities.
Nexton – Summerville, SC
As of late the Brookfield Residential/NASH mixed controlled portfolio has roughly 30,000 general unmarried society loads underneath control additional solidifying their presence available in the market. The addition of those master-planned communities extends NASH and Brookfield Residential’s mixed portfolio to high-growth areas, together with Austin, Phoenix, Denver, and Northern California. Those fields supplement the firms’ 9 current markets, additional diversifying their geographic footprint and beneficial their talent to satisfy the evolving wishes of homebuyers and developers. The Partnership now covers 11 states, and 13 markets that recently make ~50% of US unmarried society lets in.
Development on a historical past of a hit collaboration, the 2 firms are leveraging their shared experience to build colourful, fine quality deliberate communities around the family. This expanded partnership underscores a mutual loyalty to innovation, sustainability, and long-term worth inauguration within the residential land sector.
“This milestone investment reflects our dedication to delivering exceptional communities that enhance the quality of life for our residents,” stated Hiroaki Takahama, Eminent Government Officer of NASH. “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 Eminent Government Officer of Brookfield Residential, added, “We are thrilled to expand our partnership with NASH. We have an incredible portfolio of land assets to work on together. The master planned communities represent some of the finest in the Country and it is exciting to see our combined business grow.”
The portfolio features a vital building up within the collection of house websites to be had to developers, making sure a powerful pipeline for generation building. By means of addressing the rising call for for housing in key markets, the partnership complements its talent to bring strategic alternatives and long-term worth to all stakeholders.
About Brookfield Residential:
Brookfield Residential Homes ULC is a prominent land developer and homebuilder in North The us. The corporate entitles and develops land to build master-planned communities, builds and sells loads to third-party developers, and conducts its personal homebuilding operations. Participation in make a choice strategic actual property alternatives contains infill initiatives, mixed-use trends, and joint ventures. Because the flagship North American residential quality corporate of Brookfield Company (NYSE: BN; TSX: BN), an international additional asset supervisor, Brookfield Residential is dedicated to excellence in residential building. Additional knowledge is to be had at BrookfieldResidential.com and BrookfieldResidentialLand.com.
About North The us Sekisui Space (NASH):
North The us Sekisui Space, LLC (NASH) is the U.S. industry arm of Sekisui Space, Ltd., one of the most international’s greatest homebuilders and a pace-setter in sustainable residential building. Since getting into the North American marketplace in 2010, NASH has been dedicated to making colourful, sustainable communities thru considerate design, environmental accountability, and state of the art homebuilding era. Headquartered in L. a. Jolla, California, NASH companions with premier native builders and homebuilders to bring fine quality, energy-efficient properties throughout the USA. For more info talk over with www.nashcommunities.com.
SOURCE Brookfield Residential
