TAMPA, FL-The latest in a string of class A multifamily buys,Boston-based Panther Properties has acquired Lakeland’s VictoriaManor Apartments for $36.5 million. Built in 2006 and offering 352units, the property sits on 23.31 acres between Tampa andOrlando.

Cushman & Wakefield’s Orlando Apartment Brokerage Servicesteam represented the seller, the original developer of theproperty. The firm could not immediately be reached for comment.Panther Properties secured a 10-year Freddie Mac CME loan throughBethesda, MD-headquartered Walker & Dunlop Real EstateFinancial Services.

“We are confident this will be a successful acquisition due tothe stringent evaluation standards, strong operating fundamentalsand best class multifamily property in this submarket,” says DavidMasse, co-founder of Panther Properties. “This acquisition alignswith our overall strategy of acquiring investment grade class Acore multifamily assets constructed within the last five to sevenyears located in the Southeastern United States.”