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RADCO Enter Florida Multifamily With a Bang

TAMPA, FL—“This property already has a great deal of sizzle, and we are eager to make the improvements that will take it to an entirely new level of luxury.”

By Jennifer LeClaire | Updated on February 12, 2015

TAMPA, FL—RADCO Companies just closed on its first 2015 multifamily acquisition—and it’s entrance into the Florida multifamily market. RADCO grabbed the 228-unit Bay Park Apartments in Clearwater, FL for $29.6 million.

“We are thrilled to acquire our first property of 2015 in a new market, which allows us to further our value-added strategy of repositioning underperforming assets,” says Norman Radow, RADCO’s founder and CEO. “This property already has a great deal of sizzle, and we are eager to make the improvements that will take it to an entirely new level of luxury.”

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