Blog Archives

GMC Property Mgmt Sells Villages at Turtle Creek for $18.6M

GMC Property Management sold the 232-unit Villages at Turtle Creek at 14620 Turtle Creek Cir. in Tampa, FL to Praxis Capital, Inc. for $ 18.58 million, or approximately $ 80,000 per unit. The 166,721-square-foot multifamily community comprises 13 buildings on 12 acres in the University Square MF submarket. it was built in 1985 and was […]

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UBS Realty Investors Sells Seneca at Cypress Creek in Lutz

UBS Realty Investors LLC sold the 451-unit Seneca at Cypress Creek multifamily complex at 1810 Sweetbroom Cir. in Lutz, FL to Lantower Properties for $ 78.87 million, or about $ 175,000 per unit. The 477,513-square-foot multifamily community consists of one-, two- and three-bedroom units across 28 buildings. It was built in 2010 in the Wesley […]

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Saglo Development Corp Buys Marketplace at Cypress Creek Bldg 1

Saglo Development Corporation acquired the Marketplace at Cypress Creek – Building 1 at 717 Cortaro Dr. in Sun City Center, FL from special servicer C-III Asset Management (ML-CFC 2006-3 Marketplace LLC) for approximately $ 5 million, or almost $ 100 per square foot. The retail building delivered in 1989 in the Southeast Hillsborough submarket. It […]

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Mill Creek, UBS Sell 300-Unit Lantower Westshore Apts

Mill Creek Residential Trust LLC and UBS Realty Investors LLC have sold the 300-unit Lantower Westshore apartments at 4504 W. Spruce St. in Tampa, FL to Lantower Residential for $ 69 million, or $ 230,000 per unit. The 307,764-square-foot multifamily community was known as Modera Westshore prior to the sale. It consists of one-, two- […]

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Sand Cos Sells Sawgrass Creek Apts in New Port Richey

Sand Companies, Inc. sold the 45-unit Sawgrass Creek Apartments at 8800 Lazy River Loop in New Port Richey, FL to SG Apartments LLC for $ 7.6 million, or approximately $ 169,000 per unit. The 49,500-square-foot apartment community consists of one-, two- and three-bedroom units across three buildings. It was built in 2008 and was 97 […]

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