Misha Ezratti Of GL Homes Acquires 192-Acre Development Site In Westlake From Minto Communities USA For $40M

The asset involved in this transaction is a development site located in Westlake, Florida, encompassing a total of 192 acres. The sale was conducted for a price of $40 million, indicating significant market value within the area.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $40,000,000
• Buyer: Misha Ezratti
• Buyer's Company: GL Homes
• Seller: Minto Communities USA
• Date of Sale: January 15, 2026
• Total Acreage: 192 acres
• Market: Westlake

GL Homes, represented by Misha Ezratti, has acquired the first half of the 192-acre site, with plans to purchase the remaining half for an additional $40 million next year. This acquisition will be combined with an existing 120-acre parcel owned by GL Homes, resulting in a larger development project within the 3,800-acre Westlake community, which has approvals for a total of 4,500 homes and 2 million square feet of commercial space.