(To read more on the multifamily market, click here.)
ORLANDO-A three-property multifamily portfolio consisting of1,011 units in Orlando and Palm Bay has been sold to New York-basedAffirmative Equities Co. The seller of the portfolio was Needham,MA-based Sawyer Realty Holdings.
The properties consisted of Reserve at Rosemont I and II in theRosemont community in northwest Orlando, Misty Oaks in westernOrlando and Landings at Palm Bay in Palm Bay. The purchase pricewas not disclosed but the properties were listed at $23.3 millionfor Rosemont I and II, $11 million for Misty Oaks and $14.7 millionfor Landings at Palm Bay.
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