Kolter Group drops another $26M on master-planned community homesites in Palm Beach Gardens

by Alissa Gary

Kolter Group spent another $26 million in a Palm Beach Gardens master-planned community. The Delray Beach-based homebuilder picked up 222 homesites across two transactions in Landstar Development Group’s massive Avenir community. A Kolter entity paid $16.6 million for 144 sites on Aug. 18, public records show. The next day, it paid $9 million for another 78 sites. The group has spent more than $117 million on the 4,800-acre master-planned neighborhood northwest of West Palm Beach. That includes its acquisition of 144 lots for $18 million in 2023 and 491 sites for $73.6 million two years ago.  The group has completed […]

This article originally appeared on The Real Deal. Click here to read the full story.

Eric Reikenis
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