Land Advisors Capital successfully secured a lending commitment from Varde Partners in order to fuel the growth of Christopher Todd Communities. The deal was finalized on July 10, 2018.
Part of the funding of Christopher Todd Communities begins with a new single-family home rental community in Peoria, near the master planned community of Vistancia. Christopher Todd Communities will be building an innovative rental community comprised of 222 one- and two-bedroom smart homes with private backyards and doggy doors. Each home comes equipped with high-speed internet, keyless door entry, doorbell cameras, and climate control via a smart phone or tablet, plus a smart gate at the front entry, pool and event lawn. Christopher Todd Communities’ first rental community opened in January 2018 in Surprise and was leased up in record time. The company has five more communities under construction and has aggressive expansion plans as this concept is resonating with the renter nation as an inspired alternative to traditional apartment living. This funding from Land Advisors Capital and Varde Partners is an important part of the company’s growth.
Christopher Todd Communities is a Phoenix, Arizona-based real estate development company with a unique niche in horizontal multi-family communities, an inspired alternative to traditional apartment communities. Christopher Todd Communities creates technology-forward, luxury, single-story, one – and two-bedroom single-family home rental communities with amenities and gated entrances. The company, founded by entrepreneur Todd Wood, embraces the principles of creating innovative neighborhoods of distinction while investing in the broader community to provide a hand up to those in need.
