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Developer To Break Ground on First Phase of 1,500-Acre Master-Planned Project East of Houston

Trez Capital Provides $25 Million to McGrath Real Estate Partners To Build Riceland Development
McGrath Real Estate Partners will be breaking ground this month on the first phase of a 1,500-acre master-planned community in Mont Belvieu, Texas. (McGrath Real Estate Partners)
McGrath Real Estate Partners will be breaking ground this month on the first phase of a 1,500-acre master-planned community in Mont Belvieu, Texas. (McGrath Real Estate Partners)

One of North America's largest nonbank lenders is financing a master-planned community in a small city known for being home to large industrial and chemical projects roughly 30 miles east of downtown Houston.

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