La Rosa Holdings Sells 51% Stake in Horeb Kissimmee Realty for $500,000

Reuters
Jan 20
La Rosa Holdings Sells 51% Stake in Horeb Kissimmee Realty for $500,000

La Rosa Holdings Corp. has finalized an agreement to sell its 51% interest in its subsidiary, Horeb Kissimmee Realty LLC, to the owner of the remaining 49% interest. The transaction provides La Rosa Holdings Corp. with $500,000 in cash, along with an additional $61,200 payment representing the company’s pro rata share of an outstanding loan previously made by the subsidiary to the purchaser. Payments are scheduled over a 12-month period starting from the closing date.

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