Here’s a property transaction that brought together diverse parties — the government of Dubai and a Miami-based agribusiness company bought a Central Florida ranch from the fourth-generation descendants of pioneer Latimer Maxcy, who came to Florida in the early 20th century.

Lake Wales-based Latt Maxcy Corp. sold the Osceola County ranch to El Maximo Ranch Holdings LLC, a joint venture between the Investment Corp. of Dubai, the investment arm of the Dubai government, and Optimum Agriculture LLC, which focuses on farmland development and agribusiness in Florida, the Midwest and Argentina.