ORLANDO, Fla. — Editor’s note: This story is available as a result of a content partnership between WFTV and the Orlando Business Journal.
An entity related to the developer of The Villages, Central Florida’s 57-square-mile mega-retirement community, has purchased 900 acres in Lake County.
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Buffalo Hide and Cattle Co. LLC paid $7 million for 900 contiguous acres — or $7,777 per acre — in and around the north side of Mascotte, in rural Lake County. The deal closed March 9 and posted to Lake County public records on March 14.
According to state division of corporations records, the entity shares an address with The Villages Commercial Property Management and is registered to The Villages CEO Mark Morse, as well as other members of the development group’s leadership.
Click here to read the full story on the Orlando Business Journal’s website.