MONT BELVIEU – McGrath Real Estate Partners breaks ground this month on Riceland, a 1,500-acre master-planned community in Chambers County just east of Houston.
When completed, Riceland will have 4,500 homes, resort-style pools, a ten-acre lake, multiple parks, and 30 miles of hiking and biking trails.
Trez Capital provided $25 million in financing for phase one.