WELLINGTON, Fla., April 15, 2022 /PRNewswire/ — Freehold Communities, one of the nations’ most lively and forward-on the lookout builders of learn-prepared communities, now announced that it sold the remainder of Arden, its award-successful neighborhood located in Palm Beach front County. Lennar, one of the nation’s top homebuilders, will now finish the develop out of the community.
Situated in close proximity to Wellington, FL, Arden is authorised for much more than 2,300 residences in 1 of Florida’s initially Agrihoods – in which fresh food items developed onsite are an integral ingredient of an energetic lifestyle total of outside facilities this sort of as trails, playgrounds, lakes, and swimming pools.
Lennar, centered in Miami, currently has developed many of the properties in Arden and will comprehensive the buildout constant with the substantial standards and resident aim that make Arden these kinds of a well-liked community for a vast array of purchasers. As section of this transaction, Lennar will turn into the declarant of Arden’s homeowners’ affiliation. Freehold claimed it will stay involved with the local community for an extended period.
“Lennar has been component of Arden considering that inception and understands the eyesight of this special group,” explained Thomas C. (“Casey”) Tischer Jr., a co-founder of Freehold. “It has been a enjoyment to get the job done along with the Lennar group for yrs as they designed high-quality properties for hundreds of Arden family members. We now glimpse ahead to seeing them total Arden as a product of balanced, energetic, and sustainable dwelling.”
Michael Meyers, Lennar Palm Atlantic Division President, said Arden will be an important addition to the company’s South Florida portfolio and assist meet up with need for new houses in vivid communities.
“Arden perfectly matches the Florida life-style that appeals to so numerous men and women and we are delighted to total a local community we have been a part of given that the starting,” Meyers mentioned.
Arden’s scenic landscape contains 175 acres of superb lakes, together with a mile-extensive central lake, 20 miles of trails, and 500 acres of parks, playgrounds, and inexperienced place. Arden is also house to one particular of the to start with Agrihoods in Florida. Arden’s 5-acre farm and party barn are central components of community lifestyle below, supplying fruits, veggies and herbs shared among the residents. Wellington’s earth-well-known equestrian centers are just 12 minutes from Arden. Arden is also close to key work facilities, A-rated Wellington educational institutions, best-rated clinical centers, white sand seashores, shopping, eating locations and environment-class golfing. Direct entry to sophisticated Palm Seashore, Palm Seashore Worldwide Airport, and South Florida’s key towns make Arden’s area 2nd to none.
About Freehold Communities
Freehold Communities, headquartered in Boston, MA, is at the moment producing mixed-use and learn-prepared communities in Texas, Tennessee, North Carolina, South Carolina, Georgia, Florida, California, and Virginia. Freehold creates Vital Communities that embrace wholesome residing, engagement, connectivity, stewardship and distinct dwelling layout. As it evaluates options, the business focuses on the proper organizing, the right properties and the proper partners. Commencing with thorough study to gain insight into the special wants, developments and tastes in the regional industry, Freehold thoroughly considers each individual home to determine how to best maintain its elegance and character to generate a Essential Community by partnering with top quality, creative builders who share Freehold’s philosophy of providing specialized niche options and one of a kind, timeless patterns. To master a lot more, visit www.FreeholdCommunities.com.
About Lennar Corporation
Lennar Corporation, founded in 1954, is just one of the nation’s main builders of good quality houses for all generations. Lennar builds reasonably priced, transfer-up and lively adult properties largely less than the Lennar model title. Lennar’s Financial Providers segment presents home finance loan financing, title and closing providers generally for purchasers of Lennar’s residences and, by means of LMF Professional, originates house loan financial loans secured largely by commercial actual estate attributes throughout the United States. Lennar’s Multifamily section is a nationwide developer of superior-excellent multifamily rental properties. LENX drives Lennar’s know-how, innovation and strategic investments. For a lot more information and facts about Lennar, you should stop by lennar.com.
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