L Star completes Chessingtonland acquisition for Ashton Woods Homes.

L Star Management LLC has announced the land acquisition of Chessington;a community located less than a mile from Research Triangle Park off of Davis Drive.

Raleigh, NC (prHWY.com) May 24, 2011 - Cary, NC--L Star Management LLC has announced the land acquisition of Chessington;a community located less than a mile from Research Triangle Park off of Davis Drive. Close proximity to the park, I-540 and superior shopping make Chessington one of the most sought after communities in the area.

The land development deal, which is one of many L Star has completed for Ashton Woods, is part of the 18.65 acre development consisting of 53 single family home lots.

"Chessington is a high profile location, said Kyle Corkum, President of L Star Management LLC. Superior pricing advantages make this an exceptional acquisition, not only for Ashton Woods but for us as well,."

L Star is a highly experienced site development and asset management firm based in Raleigh, North Carolina. Partnering with some of the country's pre-eminent private equity and wealth management funds, L Star acquires assets across the Southeast.
L Star's senior staff has more than 200 years combined experience in land acquisition, project management, asset management, site development, design, planning, permitting, real estate law, financial risk mitigation and construction. As of February 2011, L Star Management LLC has closed more than 5,000 units in the Carolinas. For more information visit: http://www.LStarland.com

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Tag Words: asset management firm, land acquisition, project management firm

Categories: Construction

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