Residential Investment & Development

We make land investments in the Florida marketplace through asset purchases, joint ventures, land banking and note purchases.

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About Us

Over

$250M

In Property Transactions

Residential Land Acquisitions

Up To

$80M

Target Investment Size

Major Florida Markets

Our Company

Sun Terra Communities’ investment partner is JEN Partners, LLC a New York based private equity real estate firm.

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Residential Development Expertise

The leadership of Sun Terra has over 100 years of combined development and building experience in the Florida residential space.

Primary acquisition criteria are major Florida markets and strategically identified paths of growth.

Investments
Two people discussing a new community's site map and developing a plan of action for development

Evaluating and Closing On Transactions Quickly

Our ability to perform quickly is based upon superior local knowledge of the Florida market and close coordination with our investment partner.

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Entitlement & Development Projects

We have purchased property totaling over $250 million.

We have acquired properties from Fifth-Third and SunTrust banks as well as other financial institutions and investors.

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Latest News

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Latest News

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  • Richard Jerman - Sun Terra Communities

Richard Jerman, Sun Terra Communities

May 17th, 2019|

As principal of Sun Terra Communities, Richard Jerman has pulled off some of Central Florida's biggest land deals, including the $70 million Hills of Minneola.(Handout) Richard Jerman describes himself and his partners as “opportunity seekers.”

  • View of the land that Sun Terra bought

Sun Terra snags land in Horizon West Town Center for $42M

March 6th, 2019|

Oviedo-based developer Sun Terra Communities paid nearly $42 million this week for 534 acres in the Horizon West Town Center.(Handout) Sun Terra Communities has closed another blockbuster land deal, this time in the highly desirable Horizon West submarket.

  • Sitemap for a new residential development

Sun Terra buys Hills of Minneola for $70M+, plans construction this year

April 16th, 2018|

Sun Terra Communities will be seeking modifications to the Hills of Minneola PUD. The revised concept shifts all of the industrial and research park uses (pink) to the northwest quadrant of the Florida Turnpike interchange. The proposed medical campus and K-8 school sites have also be relocated.(Sun Terra Communities)

We Strive To Only Pursue Properties We Can Close

Sun Terra teamed with JEN Partners in 2009 and this successful partnership continues today.  Together, we have closed well over $250 million in transactions.

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