NorthStar Healthcare Income Inc. purchased The Fountains at Lake Pointe Woods retirement facility and its affiliated Springs at Lake Pointe Woods in Sarasota from a subsidiary of Fountains Senior Living Holdings LLC for $93.1 million, making it the region’s largest commercial real estate transaction. The 281-unit facility, which sits on approximately 50 acres, will continue to be managed by Watermark Retirement Communities, Inc.

 

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Ryland Homes purchased 9.8 acres of land on Old Venice Road in Osprey from Scott and Kim Dorn for $1.15 million. Ryland had the land platted for a 31-lot subdivision. Tony Veldkamp of the downtown Sarasota office of Sperry Van Ness Commercial Advisory Group handled the transaction.

 

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Manatee Physician Alliance, LLC leased a 1,930-square-foot medical office space at 1854 Rye Road, Unit E in Bradenton. Stan Rutstein of Re/Max Alliance Group represented the landlord; Debra Cooper of the downtown Bradenton office of Sperry Van Ness Commercial Advisory Group represented the tenant.