1020 at Winter Springs
WINTER SPRINGS, FL—Covenant Capital Group of Nashville has sold the 1020 at Winter Springs apartment community here to a joint venture of the Michaelson Group of Jacksonville, FL and GMF Capital of New York City for $32.5 million.
The trade of the 208-unit garden-style community was reported by Berkadia, which arranged financing for the transaction that calculated out to $156,250 per unit. The property located at 1020 Chatham Pines Circle was 97% occupied at the time of sale.
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John Jordan
John Jordan is a veteran journalist with 36 years of print and digital media experience.
