CC Homes purchased 28 home lots in the MiraLago community in Parkland from Lennar Homes for $ 8.4 million.

The property was sold to CC Homes, a joint venture between Armando Codina and James Carr. A $12.25-million mortgage was provided to the buyer by Florida Community Bank, which consists of a $6.75 million revolving note and a $5.5 million construction loan.

Prior to the sales, Lennar Homes owned over 150 home lots and has been developing MiraLago since 2014.

Naming the project, Chateaux, CC Homes Senior VP Diana Ibarria said that “prices will start in the $700,000s with single-family homes ranging from 3,705 to 5,281-square-foot and the sales will begin in early September.”