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Carroll Betting Heavy in Florida Multifamily

ORLANDO—Continuing its end of the year multifamily acquisition rip, Carroll Organization has grabbed yet another apartment Florida community.

By Jennifer LeClaire | Updated on December 03, 2013

ATLANTA—Continuing its end of the year multifamily acquisition rip, Carroll Organization has grabbed yet another apartment Florida community. The commercial real estate investor is once again focusing on Orlando.

Carroll purchased Bala Sands, a 298-unit multifamily property. Bala Sands is Carroll’s third Orlando buy this year. The company last week entered the East Orlando market for the first time and earlier this week made its debut in the Tampa, FL market. All told, Bala Sands is Carroll’s ninth multifamily buy in Florida this year.

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