The property is located near MacDill Air Force Base and downtown Tampa, Fla. Carter Multifamily has expanded its Florida value-add apartment portfolio with the purchase of Solis at Ballast Point, a 276-unit garden-style community in Tampa, Fla., for $57.5 million.
The seller developed the property, which went online in 1996. Atlanta-based ECI Group has sold The Columns at Paxton Lane, a 296-unit multifamily community in Lilburn, Ga., to InterCapital Group.
HOUSTON - The 14th Court of Appeals concluded yesterday that a trial court did not error by granting summary judgment to defendants in a mold exposure lawsuit.