Author: harolddickerson
CGI+ Acquires Orlando, FL Apartment Community for $68.95 Million
Acquisition of Park Place Apartments caps off busy year for CGI+ with more than $625 million in transaction activity in 2021 Park Place Apartments WOODLAND HILLS, Calif. – Dec. 8, 2021 – PRLog — CGI+ Real Estate Investment Strategies has closed on the acquisition of a 275-unit multifamily community in the Orlando, FL submarket of Oviedo for $68.95 million. Park Place is a garden-style apartment community offering a mix of one-, two-, and three-bedroom floor plans. The property, which was 99 percent occupied at the time of sale, is in close proximity to many of Orlando’s primary employment centers, including ... Read more