Seyfarth Shaw LLP advised D.R. Horton, the largest U.S. residential homebuilder, in connection with its $210 million real estate acquisition of Crown Communities, the largest residential builder in Atlanta and the 28th largest homebuilder in the country. The deal involved a sales order backlog of approximately 420 homes sold, 640 homes in inventory and 2,350 lots. D.R. Horton also acquired control of approximately 3,400 lots through option contracts.
The Seyfarth Real Estate team was led by Atlanta attorneys Robert Trusty and Alison Boyer. Attorney Jeffrey Cunningham also advised on corporate matters.
