Arizona company pays nearly $500 million for Florida properties

Cove Communities expands holdings in Florida buying golf course and four 55-plus communities.

Cypress Lakes Village in Lakeland was sold to Cove Communities in Arizona for nearly $500 million. (CoStart photo)
Cypress Lakes Village in Lakeland was sold to Cove Communities in Arizona for nearly $500 million. (CoStart photo)
  • Tampa Bay-Lakeland
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Cove Communities, an Arizona company that owns mobile home parks and 55 and over communities, has bought five properties in Florida, including one in Lakeland and one near Tampa.

 

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