Oasis Global Partners completes sale of 17.5 acre parcel to Toll Brothers Inc, one of the largest publicly traded home builders in the United States. This was the first ever parcel purchased within the Land Partners Inc private equity entity set up for particpating Oasis LPs.
This site was originally purchased at a Bureau of Land Management (BLM) auction in 2014. Oasis delayed the sale of this parcel by 18 months due to consideration from the group’s larger LP’s who were interested in potentially building out the project. As the market continued to show strong growth, Oasis shareholders ultimately decided to sell the parcel to a qualified homebuilder to focus on commercial oriented projects surrounded by the subdivisions being built.