More land added to master-planned community featuring Houston’s first Crystal Lagoon

The master-planned community featuring the Houston area’s first Crystal Lagoon amenity is about to get even larger.

CBA Land Capital, a Houston-based, non-traditional lender for real estate development, announced May 8 that it has acquired 94 acres at Lakewood Pines Reserve, which will be used to expand the Balmoral master-planned community in Humble. The land acquisition was part of a specialty financing transaction with Houston-based Land Tejas Cos.

The terms of the transaction were not disclosed.…