Why Viridian’s ownership venture decided to buy McKinney’s Trinity Falls

A joint venture between The Johnson Development Corp. of Houston and Toronto-based Tricon Capital Group Inc. (TSE:TCN) acquired Trinity Falls, a 1,700-acre master-planned community in McKinney, with plans to bolster home sales in coming years.

Terms of the acquisition were not immediately disclosed. The team acquired it from Austin-based Castle Hills Partners.

Read more at Dallas Business Journal.