(Read more on the multifamily market.)

WINTER PARK, FL-A joint venture of Santa Monica, CA-based theWatt Cos. and Newport Beach, CA-based Buchanan Street Partners hasacquired the 384-unit Semoran North Apartments for $69,000 per unitor approximately $24 million.

The property is comprised of 381,384 sf of residential space on26 acres. Winter Park is a northern suburb of Orlando with strongdemographics, which are supported by strong growth trends acrossthe region.

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