For Immediate Release
Larry H. Miller Real Estate Acquires Daybreak from Värde Partners
Värde Sells Premier Utah Master-Planned Community in Deal That Includes More Than 1,300 Undeveloped Acres
MINNEAPOLIS, MN and SANDY, UT (April 12, 2021) – Larry H. Miller Real Estate (LHM Real Estate) announced today that it has entered into a definitive agreement to acquire Daybreak, the award‑winning 4,000‑acre master‑planned community in South Jordan, Utah. The acquisition underscores the company’s long‑term commitment to placemaking, quality homebuilding partnerships, and sustainable growth along the Wasatch Front.
About Daybreak
Launched in 2004, Daybreak has grown into one of the nation’s most recognized master‑planned communities. At the time of this announcement, Daybreak includes thousands of homes across distinctive neighborhoods—each connected by parks, trails, schools, and community destinations.
Signature amenities
- Oquirrh Lake and miles of shoreline paths
- SoDa Row local shopping and dining
- Parks, playgrounds, and an extensive trail network
- Multiple neighborhood schools and community gathering spaces
What’s next (2021)
- The Watercourse—a connected series of channels and ponds in the Upper Villages
- Downtown Daybreak—a growing district for events, dining, and gathering
- New home collections and model homes opening across multiple villages
Strategic fit & community stewardship
Daybreak’s vision—walkable neighborhoods, thoughtful design, and a strong sense of community—aligns with LHM Real Estate’s long‑standing focus on placemaking and local investment. The company is committed to working closely with builders, the City of South Jordan, and community partners to continue Daybreak’s momentum while honoring its original plan.
Note: The transaction does not change Daybreak’s HOA structure or existing resident privileges. Homeowner services and community programming will continue uninterrupted.
Transaction details
The acquisition includes the community’s remaining entitled land, future village areas, and associated development operations. Closing is subject to customary approvals and conditions. Additional information will be shared as milestones are reached.
Media and stakeholders seeking updates can monitor Daybreak’s Press Room.
What it means for homebuyers, residents & partners
For homebuyers
Expect a continued mix of townhomes, paired homes, and single‑family options at a variety of price points. To explore current offerings, visit:
For residents
Community services, amenities, and events continue as planned. Stay connected through LiveDAYBREAK and the Daybreak blog for neighborhood news.
For builders & partners
LHM Real Estate looks forward to ongoing collaboration with builder partners and the City to deliver on Daybreak’s long‑term plan.
About Larry H. Miller Real Estate
Larry H. Miller Real Estate is part of the Larry H. Miller Company, a privately held, Utah‑based enterprise. The real estate group invests in and manages a portfolio of mixed‑use, residential, and commercial properties with a focus on community‑building and long‑term value creation.
Media contacts
For interview requests or additional information, please contact:
- Daybreak Press Room — Submit a request
- Larry H. Miller Real Estate — Corporate website
