Ryland plans to build single-family and multifamily product in the Village of Bridgewater, just east of Vineland Road (Country Road 535). Disney is one of the core supporters of Horizons West, a planned new town community for 40,000 residents over the next 20 years.
Daryl M. Carter of Maury L. Carter & Associates Inc. represented the seller. Jim Karr of Land Plus Inc. negotiated for 34-year-old Ryland which is headed by R. Chad Dreier, chairman/president/CEO. Ryland is annually ranked among the top 10 homebuilders in the United States, according to industry trade publications.
In a separate unrelated transaction, Daryl M. Carter, Trustee of Carter-Jones Road Land Trust bought 220 acres in Osceola County from James A. Raper, personal representative of the Pauline Farless estate for $525,000 cash or 55 cents per sf.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.