Tarragon's presence in metro Orlando continues to grow, especially since it acquired Guardian Equities Inc., a little-known, privately held investment group from local multifamily developer/investor Alan Ginsburg in July 2003. The stock-cash transaction was valued at $61.6 million, as GlobeSt.com previously reported.
Tarragon controls 16,000 apartment units and 1.5 million sf of commercial space, aggregately valued at over $1 billion. The bulk of the assets are in Florida, Connecticut and Texas. Tarragon's Florida office is in Fort Lauderdale.
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