PRESS
04/01/2011
Boston, MA and McDonough, GA - Panther Properties Management LLC is pleased to announce its newest acquisition, Mandalay Villas Apartments, in McDonough, GA. The property consists of 300 units situated on 30 acres and was purchased for $28,800,000 from the original developer, Davis Development. Cushman Wakefield's Apartment Brokerage Services represented the seller.
12/13/2010
The latest in a string of Class "A" multifamily buys, Boston-based Panther Properties has acquired Lakeland's Victoria Manor Apartments for $36.5 million. Built in 2006 and offering 352 units, the property sits on 23.31 acres between Tampa and Orlando.
12/08/2010
The Federal Deposit Insurance Corp. (FDIC) has completed more than $1 billion in CRE property sales this year ($979 million in commercial properties and $81.2 million in multifamily), according to its latest release of data. The data is through October. Through the same time period last year, the FDIC had completed $238 billion in commercial property sales and $60.5 million in multifamily sales.
08/12/2010
Panther Properties Management LLC, specializing in the acquisition, development and operations of class "A" multifamily properties, is pleased to announce its newest acquisition, Avalon Apartments, in Pensacola, Florida. The property consists of 276 units situated on 15.9 acres and was purchased for an undisclosed amount from Bank of America. Southeast Apartment Partners Multifamily Investment Sales team represented Bank of America.
02/19/2010
Panther Properties Management LLC, specializing in the acquisition, development and operations of Class "A" multifamily properties, is pleased to announce its newest acquisition, Venue Apartments, in Orlando, Florida. The property consists of 306 units situated on 27.83 acres and was purchased for approximately $26,500,000 from the FDIC as part of their take over of IndyMac Bank.
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