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Rosemary developer buys Bay Co Airport site

Beach Lover
1,479 views
http://biz.yahoo.com/bizj/071011/1533604.html?.v=1

Lucaidia (sp?) NYSE: LUK steps in to buy the bay county airport site after original buy couldn't get financing.

LUK developed Rosemary and are a very interesting company that has a long history of value creation...i would say good for the future prospects of bay county and maybe validates JOE a bit?

Replies

3
Smiling JOe avatar
SoWal Expert
#2
From what I understand, the transfer fees are .5% of all future sales. The article mentions an "unspecified amount," but I guess that relates to actual dollars.
Beach Fanatic
#3
http://biz.yahoo.com/bizj/071011/1533604.html?.v=1

Lucaidia (sp?) NYSE: LUK steps in to buy the bay county airport site after original buy couldn't get financing.

LUK developed Rosemary and are a very interesting company that has a long history of value creation...i would say good for the future prospects of bay county and maybe validates JOE a bit?

No wonder they have a long history of value creation , just one example, if they claim valuable public beaches as their own 'private use only' beaches, that certainly couldn't hurt their prospects. I know that's the other thread but it is the same company, right?:idontno:
Beach Lover
#4
Leucadia is also the parent company of ResortQuest. They purchased it from Gaylord Entertainment. Condos anyone ???

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