DRIPPING SPRINGS, TX-Taylor Morrison, a national homebuilder,has bought a 472-acre development site in Dripping Springs' ReunionRanch subdivision for an undisclosed price. Dallas-based CaseCommercial Real Estate Partners Inc. has sold portion of thesingle-family site for Frank Krasovec, proprietor of Austin-basedNorwood Investments.

A Case catalog for 524-acre property recorded the selling amountas $27.5 million. Reunion Ranch, situated southwest of downtownAustin, is planned for 476 single-family homes. For the fullstory, go to Austin Business Journal .

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