ABOUT THE HOMEOWNERS ASSOCIATION

The homeowner's association is the cornerstone of a planned residential community. The association gives continuity to the community, preserves architectural integrity and maintains the common properties. In addition, the association promotes the community concept and protects the community's property values, and in many cases, makes available recreational and other facilities that might not otherwise be affordable or available to homeowners and residents. The homeowner's association can be the vehicle for community communication and can protect and maintain the common easements and common services that exist for the benefit of each member of the association.

Automatic and mandatory homeowner's association are part of the overall concept of residential property ownership. Purchase of the home or lot brings with it membership in the association which provides the structure for operation and management of the residential community concept.

Membership includes certain mandatory obligations, financial responsibilities and commitment to abide by the use restrictions and rules of the association.  Members of the homeowners association have two responsibilities: one to themselves and to their individually owned property, and the other to the association and the community concept. The individual responsibility requires the member to occupy, maintain and use the property in accordance with the restrictive covenants. The collective goal of the homeowners association is to maintain the quality of the property and the lifestyle envisioned by the planned residential development.

The homeowners association provides for the maintenance of common areas and facilities through collection of dues.  Insight Association Management is responsible for hiring and overseeing the maintenance contractors.

Starwood Land Advisors (“SLA”) is a Florida-based residential real estate investment firm focused on land acquisition, development and financing nationwide. Partnering with Starwood Capital Group, one of the world’s premier real estate investment firms, SLA continues to invest and develop superior land positions throughout the United States.

Since its inception in July 2007, SLA has acquired over 24,000 lots in over 80 communities in 13 states. SLA has sold $800M of residential land and lots to over 30 public and private homebuilders and anticipates another $600M in sales on existing assets.
SLA’s investment focus is on acquisition of large residential master-planned communities, mixed-use projects, land entitlement and development. In the past, SLA has also targeted loan or debt portfolios, collateralized by residential assets.

In addition to owning and operating residential assets, SLA manages various assets including mixed use projects, multi-family residential rental properties, and commercial land developments.
 

Partnering has been a key to Starwood Land's success since its inception in 2007. Local partners such as developers, engineering firms, land planners, architects, and others have brought unique knowledge, investment opportunities and skill sets to SLA, complementing our professionals and proprietary deal flow. We are continuously seeking best-of-class partners who are eager to invest side-by-side with us and align their interest by sharing profits after equity has achieved agreed rates of return.

SLA has developed and financed numerous award-winning master-planned communities all over the country. Our exceptional track record boils down to three things: our understanding of how to create great places; our ability and willingness to make long-term, on-going investments in our communities; and our reliance on talented home building companies such as Ashton Woods, Beazer Homes, D.R. Horton, K. Hovnanian Homes, KB Home, Lennar Corp, MDC/Richmond American, Mercedes Homes, Meritage Homes, M/I Homes, Pulte Homes, CalAtlantic, Imagine Homes, Drees Homes, and Taylor Morrison to name just a few.