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.
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.
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