Quote:
Originally Posted by FingerEnglish
Why is the Villages merging? or getting rid of all of there banks....
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Perfect timing and a very attractive price. CFB is the perfect footprint for Seacoast expansion - fills in between Eustis and Ocala. Plus, the CFB footprint will continue to grow as home building continues, south of Central Parkway.
Re: Their insurance agency, as I understand it, the agency was actually sold about 4 years ago and is just now going through a name change.
When the Developer stops building homes, they will be left with, and this is a guess, 15m sq ft of commercial property. The championship courses will be sold off (Troon, Arcis or KemperSports?) and everything else will be owned and controlled by the residents through the quasi-governmental entities.