Greenspoon Marder Successfully Represents Elevation Development in Multi-Million Dollar Land Deal To Build Mount Dora’s First Build-To-Rent Townhome Community

Jun 27, 2022 Orlando, FL

Orlando, Fla. – June 27, 2022 – Greenspoon Marder successfully represented Elevation Development (“Elevation”) in a multi-million dollar land deal to purchase 32 acres in Mount Dora. Elevation plans to construct the city’s first build-to-rent townhome community and has already procured a loan for $46 million to move forward with the project. The 266-unit townhome community is set to break ground in the fourth quarter of 2022. Greenspoon Marder partner Michael Candiotti served as buyer’s counsel for the deal.

“Orlando has seen immense growth over the last several years due to the migration of individuals coming from states outside of Florida and job growth. Lake County specifically has attracted a number of homebuilders as a prime location due to its proximity to Orlando,” said Mr. Candiotti. “Just one mile from Wekiva Parkway, the townhome community’s location will be convenient for those commuting to Downtown Orlando and other parts of the city. I am thrilled to have assisted Elevation in this multi-million dollar deal and look forward to seeing the finished project,” he added.

About Greenspoon Marder

Greenspoon Marder LLP is a full-service law firm with over 225 attorneys and more than 20 office locations across the United States. With operations from Miami to New York and from Denver to Los Angeles, our firm attracts some of the nation’s top talent in key markets and innovation hubs. Our core practice areas include Real Estate, Litigation, and Transactional Services, complemented by the capabilities of a full-service firm. Greenspoon Marder has maintained a spot on The American Lawyer’s Am Law 200 as one of the top law firms in the U.S. since 2015, and our goal is to provide exceptional client service by developing a thorough understanding of each client’s business needs and objectives in order to provide strategic, cost-effective solutions.

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This Greenspoon Marder LLP Client Alert is issued for informational purposes only and is not intended to be construed or used as general legal advice nor a solicitation of any type. Please contact the author(s) or your Greenspoon Marder LLP contact if you have any questions regarding the currency of this information. The hiring of a lawyer is an important decision. Before you decide, ask for written information about the lawyer’s legal qualifications and experience.

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Greenspoon Marder Successfully Represents Elevation Development in Multi-Million Dollar Land Deal To Build Mount Dora’s First Build-To-Rent Townhome Community

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