CORAL GABLES, FL-Avatar Holdings Inc. has acquired a portfolio of real property assets situated in Florida and Arizona from New York-based JEN Partners LLC for $62 million.
The Arizona-based properties purchased by Avatar Holdings include Joseph Carl Homes, LLC and CantaMia, a 1,781-unit active adult community in Estrella Mountain Ranch Master Plan Community situated in Goodyear. In Florida, the firm purchased the Sharpe properties, a 445-acre site in Orange County. For the full story, go to Florida Real Estate Journal.
GlobeSt.com News Hub is your link to relevant real estate and business stories from other local, regional and national publications.
© Arc, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to TMSalesOperations@arc-network.com. For more information visit Asset & Logo Licensing.