Hendricks-Berkadia Negotiates Sale of Two Lake County Development Sites

Orlando, Fla. --- Hendricks-Berkadia, one of the leading multi-family investment banking and research companies in the nation, recently negotiated the sale of two development sites in Lake County---one in Fruitland Park and another in Eustis. Cole Whitaker, partner who heads Hendricks-Berkadia in the Southeast, negotiated both sales with senior vice president Hal Warren. Hendricks-Berkadia negotiated the sale of 86.55 acres on Lake Ella Road in Fruitland Park for $585,000 representing the seller, Capstone Resdev LLC. The buyer was Daryl M. Carter as Trustee of the Lake Ella Road Land Trust. Hendricks-Berkadia negotiated the sale of nine finished residential home sites at Wandering Ponds, improved as a ranchette-style development, on SR 44 in Eustis for $475,000 representing seller PNC Bank, N.A. Golden Orb Properties, LLC acquired the home sites.