APEX, NC—Wheelock Street Capital of Greenwich,CT has acquired the 316-acre master-planned community ofJordan Pointe here from NVR,Inc., the parent company of Reston, VA-based NVHomes andRyan Homes.
The single-family development is approved for 440 residences,all of which will be built by NV and Ryan. According to theTriangle Business Journal, Wake County land recordsindicate NVR sold the Jordan Pointe land to Wheelock Street Capitalfor $12.6 million.
Jordan Pointe will be developed and marketed by WheelockCommunities and its local development partner, JPM SouthDevelopment. Since 2011 the partnership has been developingTraditions, a 700-home community in nearby Wake Forest, NC
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John Jordan
John Jordan is a veteran journalist with 36 years of print and digital media experience.
