A suburban apartment community has been sold for a price that is toward the higher end of multifamily real estate in Tampa Bay.
Crescent Communities, based in Charlotte, North Carolina, sold Crescent Crosstown for $58.3 million in a transaction that closed Monday, according to Hillsborough County property records. The deal breaks down to $169,476 per unit.
The buyer was Atlanta-based Centennial Holding Company, which appears to have already rebranded the 344-unit community Century Crosstown. The… …read more