Case Study
Overview
Foundry represented the owner of a large property in East Orlando and identified the ideal multi-family buyer.
Location
Orlando, FL
When the owner of large piece of property near the Econlockhatchee River in East Orlando was ready to retire and move to the coast, Foundry’s Lawson Dann gave him the choice of whether to move quickly and sell as is or to procure studies on the property in order to identify potential challenges (i.e.: wetlands, protected wildlife, soil percolation, etc.) and better identify future land use. After Lawson’s guidance through environmental and civil studies, the property was deemed to be an ideal multi-family site. The property was listed for sale targeting multi-family buyers, and the owner received more than three times what he initially anticipated selling the property for. Today, a 240-unit townhome development serves the fast-growing area.