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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.

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