Christopher Todd Capital Buys 193-Unit Yardly Paradisi Build-to-Rent Community, Surprise AZ, From Taylor Morrison

Christopher Todd Capital acquired Yardly Paradisi, a 193-home build-to-rent community in Surprise, Arizona, from homebuilder Taylor Morrison. The purchase price was not disclosed in the companies' own press release -- a commonly repeated '$32.8m' figure is actually the size of a separate acquisition loan, not the sale price.