Taylor Morrison topped Lifestory Research’s annual list of America’s Most Trusted® Homebuilders — for the seventh consecutive year.
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A joint venture between the homebuilder and asset manager secured a $96 million construction loan facility from Wells Fargo Bank to cover development of the 376-unit property.
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Some supply-chain issues and price shocks have calmed in recent weeks. But the price volatility of core construction materials remains unsettling for builders trying to set their budgets.
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The strategic partnership will initially target developments in six metro areas where both companies have a “significant or growing presence”: Atlanta; Austin, Texas; Boston; Denver, Orange County/San Diego, Calif.; and Seattle.
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The project, dubbed Chamblee Park, calls for 417 condominiums, 28 single-family homes, 370 apartment units and 10,000 square feet of retail space.
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Fortune 500 builder Toll Brothers recently broke ground on Portland Row in the heart of East Atlanta Village.
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