WOBURN MA, January 10, 2022 - PRM is pleased to announce the sale of Grande Oaks Parc in Charleston, South Carolina, and Integra Crossings, in Lake Mary, Florida on December 20, 2021. Both apartment communities were part of PRM Fund IV Investors LLC.

PPI Fund I was Panther's first multi-project fund focused on ground-up developments.

With the success of Panther Creek Parc, Panther embarked on a Phase II project to build 84 luxury rental units on the property contiguous to the original development.

The Panther Group purchased Victoria Manor, a 352-unit underperforming luxury apartment community in Lakeland, Florida in late 2010.

During the summer of 2010, Panther Properties agreed to purchase the non-performing loan underlying this property at a significant discount to construction cost and take possession of Avalon.

Panther began research on Venue Apartments, a 306-unit Class "A" multifamily property built in 2005, at the height of the financial crisis in 2009. Although an excellent property, Venue suffered from a history of distressed ownership.