A Dallas-based developer has purchased stakes in two residential projects.
The home communities are among several properties sold by Centurion American Development Group, a Farmers Branch developer that’s recently come under scrutiny.
Wilbow Corp. acquired ownership in the Llano Springs residential community southwest of Fort Worth and the Granada community in Westlake
Both projects were sold by Centurion American, which has been linked to an investigation of Grapevine-based lender and investor United Development Funding.
Llano Springs is a 367-acre residential community off Chisholm Trail Parkway near Benbrook Lake.
And Granada is an 84-acre community south of State Highway 114 near the Solana development in Westlake. Read More >