Boston-based Freehold Capital Management and Värde Partners have joined forces to acquire two master-planned communities: Savannah Quarters in Pooler, Georgia, and Grande Dunes in Myrtle Beach, South Carolina. These highly sought-after properties span 2,600 acres for Savannah Quarters and 2,200 acres for Grande Dunes. Both communities offer a variety of residential options with remaining parcels available for development. Additionally, the acquisition includes commercial parcels as well as amenities such as Grande Dunes’ marina and Ocean Club.
According to Senior Managing Director at Värde Partners Brendan Bosman,”With strong demand for housing in major Sunbelt markets continuing to grow, these communities are an excellent addition to our existing portfolio of master-planned developments.” This partnership between Freehold Capital Management and Värde Partners is poised to make a significant impact on the real estate market with their strategic acquisition of these thriving communities.