(Save the date: RealShare Apartments comes to the Westin Bonaventure, Los Angeles, October 24.)

ORLANDO—Polos East at Waterford has a new owner—and a new name. Advenir acquired the 308-unit multifamily community for $27.1 million and has rebranded it as Advenir at Polos East. The deal brings Advenir’s multifamily acquisition total up to 2,300 units in the past 12 months.

“In the coming 12 months we are focused on acquiring an additional 2,000 plus units,” Todd Linden, chief acquisition officer of Advenir, tells GlobeSt.com. “The strong market fundamentals combined with historically low interest rates are creating double digit cash on cash yields, which our private high net worth investors struggle to duplicate with traditional investment opportunities.”

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