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Konover South Buys a Piece of Blue Rock

DEERFIELD BEACH, FL-A strategic stake is acquired in a partnership that invests in apartments.

By Carl Cronan | Updated on August 31, 2009

DEERFIELD BEACH, FL-Locally based Konover South LLC has purchased a strategic stake in Tampa-based Blue Rock Partners LLC, which invests in apartment complexes in the Tampa Bay and Orlando markets. Financial details were not disclosed.

The partnership acquired two apartment properties earlier this summer, the 390-unit Park at Dorchester and the 228-unit Park at Knightsbridge, both in the Brandon community east of Tampa. Blue Rock currently owns and manages 12 apartment complexes totaling more than 4,000 units.

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