Starwood Land’s Sunterra Is #1 Selling Community in Texas in 2023 and 2024
Starwood Land’s $425 Million investment in the Houston master planned community market has quickly paid significant dividends. Sunterra, Starwood’s community in Katy, was the #1 selling community in Texas in 2023 and 2024 (to date), and ranked #3 in the United States. At buildout Sunterra will have more than 7,000 homes.
In addition to Sunterra, Marvida in Cypress has ranked in the Top 25 master planned communities in the United States in both 2023 and 2024. Starwood’s 10 communities in the Houston market are on pace to sell more than 4,000 homes in 2024.
Responding to Houston’s strong housing demand, Starwood Land has acquired an additional 4,000 residential lots in the market, adding to the 16,000 lots acquired in the initial acquisition of longtime Houston developer Land Tejas in 2022.
“With the backing of Starwood Capital Group, we will continue to be aggressive in developing first-class master-planned communities with exceptional family-friendly amenities in the Houston market,” said Mike Moser, CEO of Starwood Land.