By LAURA KINSLER | GROWTHSPOTTER | JAN 25, 2022 AT 5:35 PM

South Florida-based developer BTI Partners doubled its land holdings in Osceola’s East Lake Toho district after closing on the purchase of nearly 1,200 acres that comprise the balance of the former Edgewater DRI.

The deal follows BTI’s 2019 acquisition of the Edgewater East property for $40 million and gives the developer control of roughly 2,600 acres with Mixed-Use zoning and entitlements for nearly 9,000 residential units. BTI rebranded the Edgewater East project Crossprairie and is developing the first phase, where it will deliver finished lots this year to a trio of homebuilders: Meritage, Jones Homes and M/I Homes.

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Daryl Carter and Clyde Wells with Maury L. Carter & Associates represented the sellers, members of the Cecil E. Whaley Jr. family, who have ranched the land for generations. “It feels fantastic to serve their family — folks who have invested their blood, sweat, and tears in the county. It was a privilege to represent them,” Carter said.

Read the entire article here: https://www.growthspotter.com/news/osceola-county-developments/gs-news-edgewater-west-sale-20220125-ysolvlyo45c3pbfelqt2ymjjea-story.html?utm_source=newsletter&utm_medium=email&utm_campaign=Central%20Florida%20GrowthSpotter&utm_content=1401643150263&smtrctid=#nws=true

Maury L. Carter & Associates, Inc. represents Encompass Health and handled the real estate transactions in the acquisition of the three sites (Kissimmee, Altamonte Springs and Clermont) mentioned in this article.

By Ryan Lynch  –  Staff Writer, Orlando Business Journal
Jan 14, 2022, 4:04pm EST

A Birmingham, Alabama-based rehabilitation hospital company has bought the land for its proposed Kissimmee facility.

Encompass Health Corp. (NYSE: EHC) bought a 7.41-acre property on Sadina Street in Kissimmee for $5.95 million on Dec. 17, according to Osceola County records. The site — purchased from RW Management Limited — is located near the southwest corner of Vineland Road and Calypso Cay Way.
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In addition, the hospital owns its Altamonte Springs facility and bought land for a 100-bed, 83,500-square-foot rehab hospital in Clermont. The Clermont hospital will be built out in multiple bed phases, with 50 beds and 54,700 square feet in Phase 1. Two additional phases with 20 beds and 30 beds, respectively, would be built as part of a 28,800-square-foot expansion. Encompass Health’s goal is to open the Clermont hospital this year.

Read the entire article here: https://www.bizjournals.com/orlando/news/2022/01/14/encompass-buys-vacant-site-for-rehab-hospital.html