Riverstone Estate, Foxburg, Pa., the initial purchase that ended up placing ownership of much of the town with a Cleveland couple.
When Cleveland couple Saji Daniel and Shannon McGauley got an invitation in October 2020 from their neighbor, Dr. Lou Keppler, to visit Foxburg, they thought it would just be a nice daily escape from the city. Katherine Clarke, in The Wall Street Journal, chronicled how it led to a real-estate buying spree.
The couple did not know that the small town — 90 miles northeast of Pittsburgh — was owned by Keppler’s friend, Dr. Art Steffee. The 86-year-old Steffee had invested millions of dollars into developing Foxburg and was looking to pass the baton…