Massive $166.5 million land deal closes in Lake County’s Wellness Way region | Orlando Business Journal

By Steven Ryzewski – Associate Managing Editor, Orlando Business Journal | Sep 27, 2024 | Updated Sep 28, 2024 9:16am EDT

A massive — and perhaps historic — land deal has closed in the Wellness Way area of Lake County.

GT Homes Wellness Way II LP — an entity related to GT USA, a Fort Lauderdale-based partnership between Canadian homebuilders Greenpark Group and Treasure Hill — closed Sept. 27 on an assemblage of more than 2,400 acres for a sales price of $166.5 million, Orlando Business Journal has learned.

Land brokers Daryl Carter and Conrad Carter of Orlando-based Maury L. Carter and Associates Inc. told Orlando Business Journal they partnered with Tony Roper and Jimmy Roper of Roper Real Estate to represent the sellers — a group that included Arnold Groves & Ranch Ltd. and trusts related to the Roper family — in the transaction.

Jim Dowd of Celebration-based Dowd Properties Inc. represented the buyers.

A deed has not posted yet to Lake County records. In a statement, Daryl Carter indicated the transaction may be the largest in Central Florida’s history.

Read entire article here: https://www.bizjournals.com/orlando/news/2024/09/27/massive-land-deal-wellness-way-lake-county-roper.html