D.R. Horton has sold The Cypress at Wesley Park, a 72-unit build-to-rent property in Crawfordville, Fla. Topaz Capital Group purchased the property with acquisition financing issued by Arbor Realty Trust. Colliers represented D.R. Horton, while Stein Adler Dabah & Zelkowitz provided counsel for Topaz.
The community debuted last spring. It encompasses three- to five-bedroom detached homes ranging between 1,272 and 2,012 square feet. The Cypress at Wesley Park was 96 percent occupied at closing. Features include smart-home technology, attached two-car garages, as well as private fenced-in backyards and concrete patios.
