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Land Resources / News / Florida

Stronach associate makes significant Florida land buy

Source: Thoroughbred Times
July 25, 2011
Mike Rogers, a racing and business manager to Frank Stronach’s Adena Springs operations, reportedly was involved in what a longtime local assistant property appraiser called the “largest land sale I can remember” earlier this month.

The Ocala Star-Banner reported that Rogers, as manager/member of Plum Springs LLC, purchased 7,376 acres of land along Lake Kerr in the Ocala National Forest for $13,276,800 or $1,800 per acre. The report said those familiar with the purchase believe that Rogers “made the purchase on behalf of wealthy horseman and industrialist Frank Stronach."

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