(September 26, 2016—AUSTIN) Hillwood Communities, a Perot company that specializes in creating master-planned developments, announced today an investment in SouthStar Communities, a nationally-recognized real estate investment, development and management firm. The partnership will focus on SouthStar Communities’ existing holdings of residential communities in Texas and Georgia. SouthStar will continue to manage the operations and development of these projects going forward.

“Hillwood Communities represents the pinnacle of master-planned community developers,” said Thad Rutherford, COO of SouthStar Communities. “We’ve long shared the same commitment to delivering well-planned lifestyle communities. This new venture combines SouthStar’s legacy as a community developer, marketer and operator with Hillwood Communities’ unparalleled expertise in the residential community development.”

The companies worked together in the past on these same properties, including the Vintage Oaks community in New Braunfels, Texas.

“SouthStar is a quality developer and has been operating these assets successfully for years. We have the exciting opportunity to continue our strategy of investing with other first-class residential developers who have a history of successful operations and developments,” said Danny Ellis, Vice President of Hillwood Communities. “We look forward to combining our expertise to develop these great communities and grow this relationship.”

Hillwood Communities and SouthStar will focus their attention on three projects; Vintage Oaks, a 3,300-acre master-planned community located in New Braunfels, Texas; The Crossings, a 288-acre residential community in New Braunfels; and King Oaks outside Bryan-College Station, a 950-acre community.

About SouthStar Communities

SouthStar Communities is a nationally-recognized real estate investment, development and management firm headquartered in Austin, Texas. SouthStar invests in and develops properties for its own account and in partnership with institutional and high-net-worth investors, and provides services to third-party clients including acquisition, entitlements, planning and development, project management, design oversight, marketing and branding strategy, and asset management. SouthStar currently has six active communities in Texas including Dallas, College-Station, the Texas Hill Country, and San Antonio, plus holdings in Georgia. Originally founded in Coral Gables, Florida in 1989, SouthStar has developed over 30,000 acres in 30 communities across the Southern United States. For more information, visit www.SouthStarCommunities.com.

About Hillwood Communities

Hillwood, a Perot company, is a premier commercial and residential real estate developer, investor and advisor of properties throughout North America and Europe. With a diverse portfolio of properties and home to many of the world’s leading companies, Hillwood is committed to bringing long-term value to our customers, partners and the communities we serve.

Through its Communities division, Hillwood has delivered more than 24,000 single-family lots in 80 master-planned communities. From single-family homes to high-end luxury vacation residences, Hillwood’s residential communities embrace the company’s LiveSmart principles, creating a sense of community while integrating technology, healthy living, environmental stewardship and education. Please visit www.HillwoodCommunities.com for more information.

Hillwood is best known for its Alliance brand, featuring the 18,000-acre AllianceTexas, 2,000-acre AllianceCalifornia and 4,474-acre AllianceFlorida. Its founding project, AllianceTexas, has been hailed as one of the best mixed-use developments in the world, generating more than 40,000 jobs and $55 billion in local economic impact to date. Outside of AllianceTexas, Hillwood Investment Properties is focused on institutional-grade industrial/logistics properties and has developed and acquired more than 84 million square feet in North America and Europe.

Hillwood also served as the lead developer of marquee projects nationwide, from the Air Force Memorial in Washington, to the Perot Museum of Nature and Science and the American Airlines sports arena in Dallas. For information, please visit www.hillwood.com.

The town of Celina's little downtown is a flashback to the 1920s.

Historic buildings like the old Nelson railroad hotel and the First State Bank haven't changed much in the last 100 years.

But just over the hill toward Dallas, it's easy to spot earth movers plowing up thousands of acres of farmland to make way for new residential rooftops.

During the last year, developers have announced plans for a half dozen major new home communities in Celina. Even more are on the way.

“I'm amazed with what's going on in Celina,” said Fred Balda, president of Hillwood Communities, which has three new residential neighborhoods in the works in Celina. “I'd buy more land if I could.

To read the full article, please click here.

Dallas-based master-planned community developer — Hillwood Communities — has closed on six tracts of land totaling 345 acres that will add more than 1,000 new home lots to two existing communities in Collin and Denton counties.

The added home lots come at a time when new home construction has been hobbled because of limited homebuilder bandwidth, which includes rising material costs and labor shortages. With that, home prices have skyrocketed 43.3 percent in North Texas in the past five years.

“As North Texas continues to experience great success, we look forward to growing our Liberty and Union Park communities,” said Brian Carlock, senior vice president of acquisitions for the Dallas-based community development firm, in a statement.

“Expanding the footprint of our existing communities gives us the exciting opportunity to best serve growing hombuyers needs with a well-designed master planned community and a choice of high-demand amenities,” he added.

To read the full article, please click here.

Rooftops are often the most obvious indicator a city is growing. And Celina is certainly growing.

A formal groundbreaking for one of three coming master-planned communities signaled as much Thursday.

Hillwood Communities, a Perot company with developments around North Texas, officially entered the Celina market with Thursday’s ceremony for Lilyana.

To read the full article, please click here.

A $500 million master-planned community by Hillwood Communities — known as Lilyana — got underway Thursday, with an official groundbreaking ceremony. The land was owned by the Wells family since before the Civil War.

Upon completion, the 400-acre community at the northeast corner of Frontier Parkway and Coit Road in Celina will be home to 1,250 single-family homes, with the first phase of homes expected to be complete next spring.

To read the full article, please click here.

Master-Planned Development will deliver

high-quality housing, economic growth

DALLAS – Hillwood Communities, a Perot company, will host the groundbreaking of the Lilyana property at 9 a.m. Thursday, July 28, 2016 kicking off what will be the newest master-planned development in Celina, Texas.

Celina Mayor Sean Terry and Hillwood Communities executives – including President Fred Balda and SVP Elaine Ford – will be available for interviews and photos at the event.

The 400-acre tract at the northeast corner of FM 1461 (Frontier Parkway) and Coit Road, in Celina, is approximately 10 miles north of Frisco and the area known as the $5 Billion Mile. Hillwood acquired the land from the Wells family (owners of the property since before the Civil War) in 2015.

The $500 million project will entail a master-planned community of 1,250 single-family homes featuring resort-style amenities and a linear park with an amenity center including a resort style pool, pavilion and outdoor kitchen. It will also include 63 acres of green space with multiple community parks and several miles of trails. The new community will be served by Prosper ISD.

The first phase of homes will be completed in Spring 2017. The transaction of the land was conducted between Hillwood Communities and the Wells sisters, Marianne Wells, Katherine Wells Power, Nancy Wells Warder and Sarah Wells Macias.

“The aesthetics with which our property would be developed was of utmost importance to us,” said Marianne Wells. “We felt a responsibility to the community and wanted to partner with someone who is sensitive to the features of the land in its natural state and to its history. That is why we chose Hillwood.”

The new community will be built using Hillwood’s LiveSmart principles: Sense of Community, Technology, Healthy Living, Environmental Stewardship and Education & Enrichment.

“Celina is a booming city in North Dallas, and we are excited to partner with them and local vendors to bring jobs, businesses along with more residents here,” said Elaine Ford, senior vice president, Hillwood Communities. “The ground breaking of Lilyana is an exciting step for us and we look forward to begin the development of a first class community for potential residents.”

The expected price of homes will average at high $300,000s and the builders are Highland Homes, David Weekley Homes, CalAtlantic Homes and American Legend Homes.

About Hillwood

Through its Communities division, Hillwood has delivered more than 24,000 single-family lots in 80 master planned communities. From single-family homes to high-end luxury vacation residences, Hillwood’s residential communities embrace the company’s LiveSmart principles, creating a sense of community while integrating technology, healthy living, environmental stewardship and education.

Hillwood Communities, a Ross Perot Jr.-owned company, announced a joint venture with Dallas-based real estate development firm Wynne/Jackson to acquire 119 acres in Celina from the Glendenning Family to build a $133 million, 350-single family lot community.

The new community in Celina — which is about an hour north of Dallas — will be called “Glen Crossing,” as homage to the Glendenning family, who emigrated from Scotland to Texas in 1887. The property has been through three generations of the family.

To read the full article, please click here.

The Partnership Plans to Develop 350 lots in a Two-Phased Development

DALLAS – July 21, 2016 – Hillwood Communities, a Perot company that specializes in creating master planned developments, announced today a joint venture with Dallas-based real estate development firm Wynne/Jackson. The newly formed venture acquired 119 acres in Celina, Texas, which has preliminary plat approval for development into a maximum of 350 single-family residential lots.

Wynne/Jackson began studying the area in 2014, focusing on this particular submarket because of its location in the path of growth in Celina and within Celina ISD. The appealing location between Preston Road and the Dallas North Tollway is one of the key factors that makes this tract ideal for a housing community.

The property was purchased from the Glendenning Family, who emigrated from Scotland to Texas in 1887. Tom Glendenning settled and farmed in Celina with his son, Don Glendenning, continuing the farming operation. The property has been held through three generations and the project is to be named “Glen Crossing” as a way to honor the Glendenning Family and their ongoing Celina/Collin County heritage.

Zoning of the property with the city was completed in February 2015, a Public Improvement District was created in April 2016 and the city of Celina approved the land as a tax increment reinvestment zone on June 14, 2016. The start of construction is planned for September 2016 and homes will be priced between $350K and $425K.

Two of the largest privately owned homebuilders in Texas, Horizon Homes and Perry Homes, will be the homebuilders in the project.

This is the first joint venture between Hillwood and Wynne/Jackson.

“Wynne/Jackson has been a top residential lot developer in the DFW market for years, and their expertise in this product type coupled with their ability to position the property in a manner that greatly reduced our market and entitlement risk proved to be the deciding factor in our participation in this opportunity,” said Fred Balda, president of Hillwood Communities. “We believe in the strength of the DFW market, which is why we join hands with experienced groups like Wynne/Jackson. We look forward to more partnerships like this in Dallas where we can leverage the expertise of our partners.

Clyde C. Jackson, chairman and chief executive officer of Wynne/Jackson, Inc. said, “We have known Ross Perot, Fred Balda and others in the Hillwood organization for many years. Their expertise in master planned community development is unmatched. The opportunity to partner with Hillwood brings together our experience with their expertise and we believe that will produce a superior community for Celina and for our future residents.”

About Hillwood Communities

About Wynne/Jackson

Wynne/Jackson is a real estate development firm with a diverse background and a proven track record of successful developments and engagements over its near 35 year history. The principals have developed properties worth in excess of $1 billion and have provided asset and property management, leasing, marketing, and consulting services on over $1.5 billion of real estate developments and projects and over 10,000 residential lots. Headquartered in Dallas, Texas, Wynne/Jackson has operated on a regional basis throughout Texas and adjoining states.

Ross Perot Jr.'s Hillwood Communities is teaming up with Dallas-based real estate development firm Wynne/Jackson to develop a 350-home residential community in Celina.

The two firms in partnership purchased 119 acres west of Preston Road in the Collin County community.

To read the full article, click here.

The partnership will deliver two high-quality, ADA-accessible homes,

including financial, family and emergency support to local veterans

DALLAS – In celebration of Independence Day and the service of America’s veterans, Hillwood Communities, a Perot company, is announcing its partnership with builders, David Weekley and Highland Homes, and the non-profit organization Building Homes for Heroes to provide homes and family support for two wounded veterans.

Hillwood donated land in its Harvest Community, a master planned development in Argyle. The builders began construction in June and expect the project will be completed in January 2017.

Hillwood chose to partner with Building Homes for Heroes, one of the fastest growing and most efficiently run veterans’ charities in the nation, because of the organization’s extensive outreach and programs offered to wounded veterans. The organization provides them with financial, family and emergency support in addition to mortgage-free housing.

One of the home recipients is Randy Nantz and his family, who currently live in Tehama Ridge in Fort Worth. At the age of 33, Nantz joined the Army immediately after the Sept. 11, 2001 terrorist attacks. He was honored as the oldest Green Beret four years later.

“I looked at the neighborhood and I don’t have any words to describe how I feel,” said Randy. “We moved several times during my time in the military and I hope that this will be the last. Thank you to Building Homes for Heroes and all the other folks involved in making this happen. I’m very grateful.”

“It is a great privilege and an honor to be able to serve these veterans and their families,” said Angie Mastrocola, senior vice president, Hillwood Communities. “This is a small contribution to families who were ready to give up their livelihoods to protect us.”

Founder and CEO of Building Homes for Heroes Andy Pujol said, “With more than 1.5 million veterans, Texas has the second largest number of veterans in the country. We feel compelled to give back to those who so selflessly and courageously defend our country and returned home severely injured, and privileged to partner with Hillwood to create a life-changing opportunity and hope for a better future for veterans in the Harvest Community.”

More than 5,000 veterans have applied to receive a home through Building Homes for Heroes. The organization plans to complete construction of 50 homes in 2016 across the country and hopes to gift one mortgage-free home every 10 days. The organization is generously supported by many corporations, including Chase Bank, Advance Auto Parts, The Home Depot Foundation and Lowe’s.

Additional partners for the project include David Weekley Homes, Highland Homes and their vendors.

Call To Action

To contribute towards building the two homes and providing family support programs to the veterans in Harvest, visit the Building Homes for Heroes website at buildinghomesforheroes.org, click donate and specify Hillwood Harvest Community in the comments box. One hundred percent of these donations will go directly towards building the homes and providing support programs for the veterans’ families at Harvest.

About Hillwood

About Building Homes for Heroes

Counting nine consecutive years of record-setting growth, Building Homes for Heroes builds and gifts mortgage-free homes, and completes home modifications, for veterans and their families, and provides further services along their road to recovery to help them live a promising and fulfilling life ahead. Recently, the organization earned a 4-star rating on Charity Navigator, the nation’s largest independent evaluator of nonprofit organizations.

The 501(c)(3) organization is strongly committed to rebuilding lives and supporting the brave men and women who were injured while serving the country after September 11, 2001, during the time of the wars in Iraq or Afghanistan. It is the organization’s honor to support the men and women who have loyally and courageously served our country.

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