London Bay Homes closes on Mediterra
Naples-based London Bay Homes has closed on its purchase of the remaining 50 single-family home and villa sites in Mediterra, the luxury golf community developed by Bonita Bay Group. London Bay has also assumed immediate responsibility for the sales and marketing operations for the community. Terms of the acquisition were not disclosed. Full Story
Lee permits down for the year
Builders in unincorporated Lee County pulled 20 permits for singlefamily houses in December, concluding a year in which 331 permits were issued for single-family homes collectively valued at nearly $106 million. The 2009 annual total compares to 482 permits issued in 2008 for single-family houses. Full Story
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