OCTOBER 11, 2018 – Richard S. Webb IV, a shareholder at Icard, Merrill, Cullis, Timm and Ginsburg, P.A., represented the Seller in the marketing and sale of a $212 million portfolio of manufactured housing retirement communities in Sarasota and Central Florida. The portfolio included over 2,000 homesites and featured the Camelot Lakes and Camelot East luxury retirement communities located in Sarasota, Florida, which sold for a combined $165 million. The portfolio was acquired by Cove Communities, a national real estate company based in Phoenix, Arizona.
Webb is a member of the firm’s manufactured housing group and concentrates his practice in the areas of real estate law, business law, and manufactured housing law. He represents clients in complex real estate and business matters in Florida, handling a wide range of regulatory and administrative law issues, business formations, transactions, financings, and land use matters.