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Brookfield Residential is acquiring Newland—one of the nation’s largest master-planned community developers.

With the acquisition, Brookfield will get immediate access to nine incremental markets—Dallas-Ft. Worth, Houston, Atlanta, Tampa, Seattle-Tacoma, Portland, Raleigh-Durham, Wilmington, and Charleston. The merger will also expand Brookfield’s offerings in San Diego, Denver, Austin, Phoenix and Washington DC, where each developer has a presence today.

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