BH Group Acquires Development Site In Wellington From Wellington Equestrian Estates For $20.75M

The asset involved in this transaction is a development site located at 2470 Greenview Cove Drive in the market of Wellington. The sale price was set at $20,750,000, and the site spans across 150 acres.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $20,750,000
• Buyer: BH Group
• Seller: Wellington Equestrian Estates
• Seller's Representative: Sandy Nadler - Balavaan Realty
• Strategic Advisor: MAGI Capital Group
• Acres: 150

The seller's representative, Sandy Nadler of Balavaan Realty, played a crucial role in the transaction by bringing both parties together and assisting in structuring seller financing, which facilitated the successful closing of the deal.