Frank Stanfield For the Daily Commercial | USA TODAY NETWORK
Published 3:02pm ET March 30, 2023 | Updated 7:27pm ET March 30, 2023

MASCOTTTE – The Villages has purchased 900 acres here for $7 million, according to Lake County public records.

The deed, recorded with the court clerk on March 14, lists the buyer as Buffalo Hide and Cattle Co., a real estate arm of the mega retirement community, and the seller as Maury L. Carter Services Corp. The company is trustee for Carter-Lake 918 Highway 333 Land Trust.

Daryl Carter with Carter Services, who is listed on property records as the trustee, said he has been asked by the buyer not to comment on its plans, or if it was even related to The Villages.

Read entire article here: https://www.dailycommercial.com/story/business/real-estate/2023/03/30/the-villages-buys-900-acres-in-mascotte-no-plans-announced/70063976007/

By Laura Kinsler | Growthspotter | Mar 27, 2023 at 11:00 am

South Florida-based American Land Development paid $17 million last week for a subdivision with approved plans for over 700 homes and a commercial marina on the Alligator Chain of Lakes.

Lake Gentry Landings, a 248-acre boating community, was first approved in 2015 and then sat on a shelf for years. It’s in a fast-growing corridor on Canoe Creek Road, directly across from the first phase of Green Island Ranch. Mattamy Homes had it under contract last year but ended up walking away from the deal.

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The seller was Orlando investor Sam Oswald, who bought it with the entitlements in 2015 for just under $3.4 million. Daryl Carter, president of Maury L. Carter & Associates, represents Oswald, who he describes as a close family friend. He said Oswald’s patience will pay off when Mattamy closes on Lake Gentry Landings.

He said the project was a slam dunk because it has lake frontage, road frontage and a good location. Plus it already had water service when Oswald bought it. “It was kind of like green bananas. We knew it was going to turn yellow,” Carter said.

Read entire article here: https://www.growthspotter.com/news/osceola-county-developments/gs-news-zlatkiss-lake-gentry-landings-20230327-vpb6k6blkvdazcbtlyaxzsri2m-story.html