Mountain Real Estate Capital And L Star Acquire Brightleaf at the Park

Torrance, CA – February 7, 2012 – (RealEstateRama) — Mountain Real Estate Capital (MREC) and L Star Management (L Star) are proud to announce the acquisition of Brightleaf at the Park in Durham, N.C. As one of the premier master planned communities in the Triangle, Brightleaf’s proximity to Research Triangle Park (RTP) makes it highly sought after by both homebuilders and homebuyers. The acquisition is comprised of 900 residential lots with products ranging from townhouses to single-family lots, widths from 50 to 90 feet. The terms of the deal were not disclosed.