Deal Feed International Reports: Atlas Residential Completes Largest Orlando Apartment Acquisition Year-to-Date
A two-property portfolio in Orlando has traded hands for $150 million. Alexandria Parc Vue and Crowntree Lakes total 1,024 units, and the sale of this duo represents the largest by price and unit count in the metropolitan area for 2014 according to the seller’s broker, CBRE Capital Markets. While CBRE is only saying that the seller was a large owner-operator, the buyer was disclosed to be Texas-headquartered Atlas Residential, the re-branded platform of Alliance Holdings.
Deal details sourced by the Deal Feed Team from MHN Online. (Opens in new window)
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