Ryland Group buys first phase of GreyHawk Landing western expansion

BUYER: The Ryland Group Inc. (principals: Timothy Geckle, Larry Nicholson, Gordon Milne, Rene Mentch, Joseph Sabella and Sheri Markham), Westlake Village, Calif.
SELLER: Greyhawk Landing West LLC
PROPERTY: lots 42-81 Greyhawk Landing West, phase 1 north of State Road 64 and west of Greyhawk Boulevard, Bradenton
PRICE: $2.04 million
PREVIOUS PRICE: $1.04 million, March 2011 (included additional land)
LAW FIRM ON DEED: Icard, Merrill, Cullis, Timm, Furen & Ginsburg PA, Sarasota

PLANS, DESCRIPTION: Westlake Village, Calif.-based Ryland Homes purchased 40 lots in the new western phase of GreyHawk Landing in northern Bradenton for $2.04 million.

The price equated to $51,000 per lot.