ORLANDO-JRK Property Holdings, a Los Angeles-based owner andoperator of over 40,000 multi-housing units, has acquired the428-unit Gates of Harbortown, a class "AA", high-end apartmentcomplex at 2333 Lake Debra Dr. in the MetroWest area of Orlandofrom an institutional seller for an undisclosed amount.
The company used its private equity funds to back theacquisition. ARA represented the seller in the deal. At the time ofsale, the complex was 94% occupied. For the full story, goto Florida Real Estate Journal.
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