PRESS

04/29/2014

Posted By: Admin DreamingCode

Woburn, MA - Panther Properties announced that it has completed the sale of the Victoria Manor Apartment community in Lakeland, Florida. Panther sold the 23.3-acre 352-unit Class "A" luxury community for $37.7 million. Panther acquired Victoria Manor Apartments in late 2010. During the 3 1/2 year ownership period, Panther transferred property management from a third-party manager to Panther's own newly-formed management company. Full-control over the property allowed Panther to systematically implement operational improvements.