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

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SOLD
$90,000,000

Florida

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Development Site
Sold 07/12/2024
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Property Image
SOLD

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

Development Site
Sold 07/12/2024
the dealplayerscompscontact
Contact now

Summary

Asset Type:Development Site
Transaction Type:Sale

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.

Players

James Dowd
Dowd Properties
James Dowd
1 deal$90M volume(407) 592-2352
BROKER

Details

SOLD
IMAGE: Doug Bruk, Ryan R. Marshall & James Dowd DATE: 07/12/2024 ADDRESS: Schofield Road MARKET: Lake County, Clermont ASSET TYPE: Development Site ~ ACRES: 549 BUYER: Ryan R. Marshall - Pulte Home Co. SELLER: Doug Bruk - GT USA; Windsor Private Capital BROKER: James Dowd - Dowd Properties SALE PRICE: $90,000,000 NOTE: GT USA, in partnership with Windsor Private Capital, closed a $90 million sale of 549 acres in Lake County's Wellness Way corridor to Pulte Home Co. and Jen Florida 55. The transaction paves the way for the development of nearly 1,500 homes, addressing housing demand in the rapidly growing area adjacent to Orange County's Horizon West region.

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