Carroll Snaps Up Three More Multifamily Assets
ByBeyond tourism, the Orlando metro area’s diverse group of industries are playing major roles in Orlando’s employment growth trend.
ORLANDO—Carroll Organization is moved fast on themultifamily front in 2015. The company acquired three properties with a total of 1,438 units in an off-market portfolio purchase in one of its last deals of the year.
Specifically, Carroll purchased La Palazza at MetroWest, The Cottages at Hunter’s Creek and Knightsbridge at Stoneybrook. Two of the multifamily properties will be rebranded as Arium MetroWest and Arium Hunter’s Creek, respectively. Knightsbridge will continue to operate under its current name. All three multifamily properties will be managed by Carroll Management Group…