Haymount sells property to…Haymount?

Caroline County May Real Estate Transactions (The Free Lance–Star, 2008-06-14, p. F3):

Haymount Limited Partnership to Haymount (Fredericksburg) ASLT, deed book 962, page 985, $21,500,000.

Haymount Limited Partnership was the company that had been planning on building on 1,808 acres in Rappahannock Academy since about 1991 or so. One of their backers (Miller Company I think) backed out of the deal when the real estate market started going South.

I’m going to assume that this new Haymount company wanted the same name so it would be familiar to people in the area, but why didn’t these new guys just buy Haymount LP and be done with it?

Anyone have any more information?

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