Codina, Carr cash out of Sunrise site planned for 900 homes for $165M — a big gain
CC Homes, led by developers Armando Codina and Jim Carr, cashed out of their Sunrise development site planned for 900 homes for $164.5 million, a big gain in value from its price three years ago. New York-based DW Partners, a land bank for homebuilding titan Lennar, bought the 160-acre former golf course at 7400 Northwest 24th Place from Coral Gables-based CC Homes and its partner Roland DiGasbarro, according to records. DW Partners and Lennar signed a purchase option agreement for Lennar to purchase the site. The agreement expires in 2031. CC Homes also is entitled to receive a portion of […]This article originally appeared on The Real Deal. Click here to read the full story.
Recent Posts
Blue Jays’ Mad Max sells under-construction Admirals Cove estate for $23M
Butters targets tech, pharma with plans for low-rise light-industrial in Boca Raton
Opterra’s Holiday Inn hotel-to-resi conversion moves ahead in Boca Raton
Inventory drops for first time since 2023 as sales rebound across coastal Miami, beaches
Brian Tuttle loses Main Street dev site in $60M bankruptcy sale
Wave Group, partners launch short-term-rental friendly Wynwood condos
Ultra-luxury brings heat as Palm Beach home sales surge
Why Earnest Money Matters to Sellers
RE Q&A: Who Pays for Noncompliant Fence?
Fla.’s March, 1Q Housing: Closed, Pending Sales Up
