secwatch.observer — SEC 8-K summary
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Issuer:     Salamander Innisbrook, LLC (—)
CIK:        0001418372
Form:       8-K
Filed at:   2023-11-21T23:59:59+00:00
Accession:  0000950170-23-065375
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.01
LLM model:  deepseek-v4-flash:cloud@v2

Salamander Innisbrook sells 54 acres to Toll Brothers for $12.6M net proceeds
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- Sold 54 acres along northern boundary of Resort to land banker for Toll Brothers for $12,565,887 net proceeds after closing costs.
- Additional proceeds: 10% of sales proceeds exceeding $700,000 for single-family homes and $475,000 for townhomes.
- Toll Brothers plans to build 122 single-family homes and 52 townhomes on the acquired land.
- Sale closed on November 16, 2023; proceeds received in net cash of $12.6M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1418372/000095017023065375/0000950170-23-065375-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1418372/000095017023065375/ck0001418372-20231116.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-065375

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