The company, which specializes in the 55-plus active adult lifestyle communicates, plans to focus on the Carolinas, Georgia and Florida.

"To us, green business means a solid and meaningful commitment to the green building movement and to conducting our operations responsibly."

"The majority of our portfolio is concentrated in Florida, Georgia, South Carolina and Alabama."

"We will strategically continue to offer a variety of attractive price points and amenities to prospective residents."

"SunTrust stepped up and offered highly accretive terms for Riverstone."

As part of the deal Consolidated-Tomoka sold 20 single-tenant net lease assets to PINE.

"This is one of the fastest growing submarkets in all of Atlanta for rental properties."

The Lynd Acquisitions Group purchased the 16-story, 266-unit asset.