IHP Capital Partners, a leading real estate investment firm based in California, has partnered with Colorado-based homebuilder Berkeley Homes in a joint venture for the acquisition and development of 43 single-family lots in Aurora.

The lots are within the Painted Prairie master-planned community. The joint venture purchased the lots in finished condition, IHP Capital Partners announced in early December. They anticipate starting construction on two-story homes on the properties in the first quarter…

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