One of the most popular posts on this blog has been about the lawsuit against Bobby Ginn, the developer of Reunion Resort and Bella Collina in Central Florida. I noticed a blog that started in late 2008 focused mainly on the Ginn lawsuit called the Ginn Investor News and Litigation and thought I’d share with the Scoop readers.
Ginn has sold the real estate sales and management operations to Reynolds Signature Communities and looking like we won’t hear about any new developments for a while.
While Bella Collina is just in it’s infant stages of development, Reunion is mostly complete and in my humble personal opinion, I’d prefer a property in Reunion over Bella Collina. Reunion is by far the best resort style community in SW Orlando much less all of Central Florida. It’s definitely not a place you wanna live permanently, but a great place for a vacation home.
Don’t get me wrong, I don’t believe buying real estate in a vacation community yields great capital appreciation, but if you like to play golf and visit the attractions and you want a place that you own nearby, Reunion Resort is a better choice than most the other options available on 192 or hwy 27.
If Reynolds does anywhere near as good a job as they do in Reynolds Plantation in Georgia, I expect Reunion to remain a fantastic resort with some killer golf courses.