DR Horton Acquires Development Site In Greenacres, FL For $2M From Seller Avi Stern And Buyer's Rep Don Ginsburg & Michael Lewin - Katalyst Real Estate & Development

A development site located at 5001 Haverhill Rd in Greenacres, FL has been sold in a closed transaction. The property was acquired by DR Horton from the seller, Avi Stern for a sale price of $2,000,000. The development site spans a total of 217,800 square feet, with a price per buildable square foot (PPBSF) of $9.

Summary of transaction details

• Property Type: Development Site
• Transaction Amount: $2,000,000
• Address: 5001 Haverhill Rd, Greenacres, FL
• Market: Greenacres, FL
• Buyer: DR Horton
• Seller: Avi Stern
• Brokers: Don Ginsburg & Michael Lewin - Katalyst Real Estate & Development
• BSF: 217,800
• PPBSF: $9

The deal was facilitated by brokers Don Ginsburg and Michael Lewin from Katalyst Real Estate & Development. They represented the buyer, DR Horton, and played a crucial role in the successful closing of the transaction.