Stillwater Palms, Tampa, FL

TAMPA, FL—Berkadia reports it has arranged the nearly $50-million fractured trade of 379 units at the Stillwater Palms in Tampa and the sale of Turnbury at Countryside, a 350-unit garden-style multifamily property in Clearwater.

Laramar Group, which has offices in Chicago and Denver, acquired the 379 units at the 432-unit condominium for $49.65 million from Aspen Square Management of West Springfield, MA. Berkadia managing director Jason Stanton of the firm's Tampa office and senior managing director Cole Whitaker of Berkadia's Orlando office arranged the transaction on behalf of the seller.

MLG Capital of Brookfield, WI purchased the Turnbury at Countryside development from of McKinley Companies LLC of Ann Arbor, MI. No financial details of the transaction were disclosed. Jason Stanton, managing director of Berkadia's Tampa office and senior managing director Cole Whitaker of Berkadia's Orlando office arranged the sale on behalf of McKinley Cos.