South Properties II LLC
South Properties II LLC, through its Millrose Properties division, operates a Homesite Option Purchase Platform designed to support residential homebuilders in acquiring and developing homesites. The firm focuses on generating contractual recurring cash returns for investors by providing a just-in-time homesite delivery system.
Millrose Properties positions itself as a first-of-its-kind public Land Banking REIT, emphasizing stable demand asset classes and geographic diversification to minimize risk. By funding the acquisition and development of homesites under purchase option agreements, the company catalyzes growth and capital returns for residential homebuilders while ensuring reliable capital availability for its shareholders.
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