Auction of 700+ Acre Residential and Golf Course Development


A local developer who needed help establishing the framework for homeowners associations turned to the Larkin Hoffman team of Tom Alexander, Ryan Boe, Bill Griffith and Steve Kaminski. In addition to advising the client about master associations, single-family associations and multi-family associations, the Larkin Hoffman team also represented the developer in auctioning the entire remaining development after approximately five years of development. Within a two week period, the team closed all the auction sales in a smooth and orderly fashion. They prepared form sales agreements for approximately 100 platted residential lots, the developed and operating championship golf course, and 13 separate undeveloped, but planned, parcels. The team also reviewed, analyzed and organized or corrected developer-created homeowners associations in anticipation of the auction. They provided oversight and guidance for homeowners association relations before the auction, through the closings and post-closing.