{"id":1004085505,"date":"2013-10-21T11:56:01","date_gmt":"2013-10-21T19:56:01","guid":{"rendered":"https:\/\/synd.yardi.com\/?p=201732"},"modified":"2022-12-13T00:06:51","modified_gmt":"2022-12-13T08:06:51","slug":"lata-acquires-sunshadow-apartments-in-casselberry","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/lata-acquires-sunshadow-apartments-in-casselberry\/","title":{"rendered":"LATA Acquires Sunshadow Apartments in Casselberry"},"content":{"rendered":"

\"\"<\/a>Landmark Apartment Trust of America, Inc. announced Thursday that it has acquired Sunshadow Apartments in Casselberry in conjunction with three other multifamily properties located in Florida, Texas and Alabama, through two separate transactions totaling $98.2 million. This purchase brought LATA its fourth asset in the Orlando market. The recently purchased properties contain 1,346 units overall, and are 95 percent occupied.<\/p>\n

Sunshadow Apartments, an apartment community currently known as Landmark at Woodland Trace, is located at 1450 Sunshadow Drive in Casselberry, FL., northwest from downtown Orlando. It is near \u00a0Altamonte Mall and Florida Hospital and offers residents private entrance, car care center, swimming pools, indoor racquetball court, 24 hour fitness center, fishing lakes, picnic areas, multi-purpose sports court and bark park on 36 acres.<\/p>\n

The community offers one- and two-bedroom units that range in size from 715 to 988 square feet.<\/p>\n

Stanley J. Olander, CEO and director of the REIT said in a statement for the press, that they wish to acquire more top-quality workforce housing in high-growth markets.<\/p>\n

\u201cWith these acquisitions, we continue to grow our footprint, adding four attractive assets situated in desirable growth markets, with incremental opportunities to create value,\u201d he adds.<\/p>\n

LATA is a Richmond, Va.-based multifamily REIT with assets located in select metropolitan areas throughout the Southern United States. The company owns and operates approximately 18,000 apartment units, and provides management services for more than 12,500 units owned by affiliates.<\/p>\n

Photo courtesy:\u00a0Landmark Apartment Trust of America<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Landmark Apartment Trust of America, Inc. announced Thursday that it has acquired Sunshadow Apartments in Casselberry in conjunction with three other multifamily properties located in Florida, Texas and Alabama, through two separate transactions totaling $98.2 million.<\/p>\n","protected":false},"author":35,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1493],"tags":[1815,39399,3452],"class_list":["post-1004085505","post","type-post","status-publish","format-standard","hentry","category-orlando","tag-national","tag-orlando","tag-richmond"],"acf":[],"yoast_head":"\nLATA Acquires Sunshadow Apartments in Casselberry - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/lata-acquires-sunshadow-apartments-in-casselberry\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"LATA Acquires Sunshadow Apartments in Casselberry\" \/>\n<meta property=\"og:description\" content=\"Landmark Apartment Trust of America, Inc. announced Thursday that it has acquired Sunshadow Apartments in Casselberry in conjunction with three other multifamily properties located in Florida, Texas and Alabama, through two separate transactions totaling $98.2 million.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/lata-acquires-sunshadow-apartments-in-casselberry\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2013-10-21T19:56:01+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-13T08:06:51+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2013\/10\/18-10-2013-Landmark-Acquires-Sunshadow-Apartments-in-Casselberry.png\" \/>\n<meta name=\"author\" content=\"Balazs Szekely\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/lata-acquires-sunshadow-apartments-in-casselberry\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/lata-acquires-sunshadow-apartments-in-casselberry\\\/\"},\"author\":{\"name\":\"Balazs Szekely\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/623e95293ca6c6791bedc7473f548d7f\"},\"headline\":\"LATA Acquires Sunshadow Apartments in Casselberry\",\"datePublished\":\"2013-10-21T19:56:01+00:00\",\"dateModified\":\"2022-12-13T08:06:51+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/lata-acquires-sunshadow-apartments-in-casselberry\\\/\"},\"wordCount\":238,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/lata-acquires-sunshadow-apartments-in-casselberry\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/synd.yardi.com\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2013\\\/10\\\/18-10-2013-Landmark-Acquires-Sunshadow-Apartments-in-Casselberry.png\",\"keywords\":[\"National\",\"Orlando\",\"Richmond\"],\"articleSection\":[\"Orlando\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/lata-acquires-sunshadow-apartments-in-casselberry\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/lata-acquires-sunshadow-apartments-in-casselberry\\\/\",\"name\":\"LATA Acquires Sunshadow Apartments in Casselberry - 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