Ryan R. Marshall Acquires Development Site In Lake County For $90M

The sale involved a development site spanning 549 acres located on Schofield Road in Lake County, Clermont. The transaction amounted to $90,000,000 and facilitated the sale from Doug Bruk of GT USA and Windsor Private Capital to Ryan R. Marshall of Pulte Home Co.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $90,000,000
• Address: Schofield Road
• Market: Lake County, Clermont
• Asset Type: Development Site
• Acres: 549

James Dowd of Dowd Properties served as the broker in the deal, representing the buyer and seller. The sale of the 549-acre site in Lake County's Wellness Way corridor to Pulte Home Co. and Jen Florida 55 will pave the way for nearly 1,500 homes to be developed, addressing the housing demand in the rapidly growing area adjacent to Orange County's Horizon West region.