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Ryan Marshall Of PulteGroup Acquires Development Site From GT USA For $39.5M In Palm Beach Gardens

Property Image
SOLD
$39,500,000

Florida

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Development Site
Sold 03/31/2025
the dealdetailscomps
Property Image
SOLD

Ryan Marshall Of PulteGroup Acquires Development Site From GT USA For $39.5M In Palm Beach Gardens

Development Site
Sold 03/31/2025
the dealdetailscomps

Summary

Asset Type:Development Site
Transaction Type:Sale

The development site located at Donald Ross Road and North Jog Road was sold for a total price of $39,500,000 in the Palm Beach Gardens market. The asset will serve as the foundation for PulteGroup's 75-home Reserve at Eastpointe community, which contributes to a total site investment of $44.3 million for the developer. DiVosta Homes is designated to construct luxury homes, which will be priced between $1.3 million and $1.7 million, with buyers granted membership to Eastpointe Country Club.

Summary of transaction details:

  • Property Type: Development Site
  • Transaction Amount: $39,500,000
  • Buyer: Ryan Marshall - PulteGroup
  • Seller: GT USA

The deal involves key individuals, with Ryan Marshall representing PulteGroup in the transaction. GT USA acted as the seller in this agreement, facilitating the transfer of the property which is set for residential development.

Players

P
PulteGroup
BUYER

Details

SOLD
IMAGE: Ryan Marshall DATE: 03/31/2025 ADDRESS: Donald Ross Road & North Jog Road MARKET: Palm Beach Gardens ASSET TYPE: Development Site BUYER: Ryan Marshall - PulteGroup (@PulteHomes) SELLER: GT USA SALE PRICE: $39,500,000 NOTE: PulteGroup paid $39.5 million for homesites at Donald Ross Road and North Jog Road for its 75-home Reserve at Eastpointe community near Palm Beach Gardens, bringing its total site investment to $44.3 million. DiVosta Homes will build luxury homes priced from $1.3 million to $1.7 million, with buyers receiving membership to Eastpointe Country Club.

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