Hanover Land Company Reports Acquisition of 1,184 Home Sites in 2012

ORLANDO, Fla. --- Hanover Land Company, a major Central Florida residential property developer based in Orlando’s Baldwin Park, reports it acquired 1,184 residential home sites in 2012. Bill Orosz, managing director for Hanover Land Company, said the assets are expected to generate in excess of $60 million in revenue as the lots are re-sold to other builders in Central Florida. Hanover Land Company is under the same ownership as its sister company Royal Oak Homes. Royal Oak is one of the fastest growing new home builders in Central Florida. Orosz said Hanover Land's newest project was the acquisition of Bridgeford Crossing. The community is located in northeast Polk County and features over 100 finished homesites with clubhouse, fitness center, theater, and resort style pool. Currently, Hanover Land Company is also developing over 200 homesites in Winter Garden and Winter Park.