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The BMD Orlando Team Closes $81.5 Million Real Estate Land Transaction

Client Spotlight, News Article

The BMD Orlando Team successfully closed a $81.5 million and 1,800-acre real estate land transaction as part of a massive land deal. The legal team included BMD Senior Counsel Kim Gray, Member Scott Rost, Senior Counsel Audrey Wanich, Escrow/Closing Manager Jacquie Carson along with administrative support Sylvie Camille and Natalie Ortiz. The team represented Arnold Groves and Ranch, Ltd. in the sale of 1,800 acres of real estate to GT USA, which may be the largest contiguous land sale in Central Florida. With BMD’s collaborative efforts, Senior Counsel Kim Gray led the transaction and negotiations to a successful closing. BMD Member Scott Rost brought his extensive litigation experience to this complex transaction that involved developer type ancillary transactions/agreements, including right of first refusal and retainage parcels carve outs, developer rights and agreements, access and utility easements, agricultural leases, wildlife corridor reservation, complicated generational title issue clean-ups, and more.

Read more about this record-setting deal in this Orlando Business Journal article. (You will need a subscription to the Orlando Business Journal to read this article.)

Contact one of these Orlando real estate team members: Senior Counsel Kim Gray at 689.220.4264, Member Scott Rost at 407.634.4590, or Senior Counsel Audrey Wanich at 407.362.1755.


Amanda Waesch Weighs in on Leasing v. Buying Medical Office Space

Amanda Waesch weighs in on leasing v. buying medical office space

BMD's 2018 Florida Rising Stars

BRENNAN, MANNA & DIAMOND is proud to announce MATTHEW T. JACKSON and JOSHUA R. La BOUEF, have been selected as 2018 Florida Rising Stars for Business Litigation.

How bringing baseball to Akron launched a career of dealmaking

Baseball changed Tony Manna’s life. More specifically, bringing minor league baseball — and a new stadium — to Akron. “When I completed that deal, I remember a guy told me, ‘Your whole life is going to change because of this deal and the notoriety that comes with it,’” recalls the CEO of real estate developer Signet LLC. “He was absolutely right about that.” In this week’s Master Dealmaker, Tony shares his approach to dealmaking, the team he’s built and how pillow talk can play in the success or failure of a business deal.

Social Enterprises Show Us that Business with a Purpose is Possible

On Feb. 17, the Young Lawyers Section of The Jacksonville Bar Association held its Ninth Annual Young Lawyers Section Chili Cook-Off at the Riverside Arts Market, which benefited Rethreaded, a local nonprofit.

BMD's Daphne Kackloudis Drafting Legislation Seeking Additional Funding for Children Born Addicted to Opioids

BMD's Daphne Kackloudis has been working with her client, Brigid's Path, to help them gain access to additional federal funds for their mission. She has drafted legislation which would do just that. The CRIB Act would amend the Social Security Act to allow Medicaid reimbursement for residential pediatric recovery centers such as Brigid's Path. Congressman Turner is going to ask Sen. Portman to amend his opioid bill (CARA 2.0) to include the CRIB Act.