Author Archives: Kristin Fortier

Tavistock may have some control over what happens next with Disney’s Lake Nona property | Orlando Business Journal

By Steven Ryzewski  –  Staff Writer, Orlando Business Journal
May 19, 2023

The Walt Disney Co.’s (NYSE: DIS) decision to abandon plans for its Lake Nona campus has spurred questions about what will happen next — especially with the 60 vacant acres on which the project was supposed to rise.

The southeast Orlando land is especially significant due to its role within Tavistock Development Co. LLC’s master-planned community, given its proximity to the popular Lake Nona Town Center and the 650-acre Medical City.

That said, veteran Orlando land broker Daryl Carter of Maury L. Carter & Associates told OBJ he would not be surprised if such deals existed outside the purview of public records, given the level of sophistication of the parties involved — and Tavistock’s reputation for carefully curating Lake Nona

“Tavistock is not known to be an active seller of its holdings. It is a transformative, multigenerational developer.”

Read entire article here: https://www.bizjournals.com/orlando/news/2023/05/19/disney-lake-nona-tavistock-land-what-next-buy-back.html

Stanley Martin Homes pays $7.9M for Groveland subdivision on Dewey Robbins | GrowthSpotter

By LAURA KINSLER | lkinsler@growthspotter.com | GrowthSpotter
June 19, 2023 at 12:01 p.m.

Stanley Martin Homes paid $7.9 million this month to acquire 343.5 acres along Dewey Robbins Road in Groveland for a new subdivision called Peachtree Hills.

“We were under contract for this property back when we were still Avex Homes,” Division President Eric Marks said. SMH acquired Avex Homes in 2021. The seller was an investment group led by Daryl Carter, president of Maury L. Carter & Associates.

Carter said that fact that the property had already been annexed and zoned meant the buyer would assume little political risk. “Along that entire Dewey Robbins corridor, we’ve sold thousands of acres of land over the last 12-18 months,” he said. “The folks who are buying this property are very well capitalized.”

Read entire article here: https://www.growthspotter.com/2023/06/19/stanley-martin-homes-pays-7-9m-for-groveland-subdivision-on-dewey-robbins/