Press Release: Crescent Homes : Builder Capital, LLC and 400 Capital Management Announce First Acquisition in the Nashville, Tennessee MSA

NASHVILLE, Tenn.--(BUSINESS WIRE)--Builder Capital, LLC ("Builder Capital") announced today the acquisition of 37 acres in Murfreesboro, TN (the "Property") pursuant to a rolling lot option contract with Crescent Homes ("Crescent Homes"). Builder Capital acquired the Property through a strategic partnership with affiliates of 400 Capital Management ("400 Capital") formed to provide capital to production homebuilders for the acquisition and development of single family residential lots nationwid