{"id":1004121620,"date":"2015-06-19T13:18:24","date_gmt":"2015-06-19T21:18:24","guid":{"rendered":"https:\/\/synd.yardi.com\/?p=353316"},"modified":"2022-03-03T14:32:19","modified_gmt":"2022-03-03T22:32:19","slug":"2-high-performance-assets-attract-m-f-buyers","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/2-high-performance-assets-attract-m-f-buyers\/","title":{"rendered":"2 High-Performance Assets Attract M-F Buyers"},"content":{"rendered":"
\"Barrington<\/a><\/p>\n

Barrington Place | Park at Savino<\/p>\n<\/div>\n

Multi-family assets are clearly a hot commodity<\/a> in Orlando these days, and word has arrived of two more properties that recently attracted new owners. The stabilized, well-performing communities, Marbella Lakes and Barrington Place Apartments, were 95 percent occupied at time of sale.<\/p>\n

In late May, IMT Residential bought Marbella Lakes from Blue Rock Partners for $12.8 million and renamed it The Park at Savino. Located at 1980 Lake Fountain Drive in Orlando, the 200-unit gated community is adjacent to the Mall at Millenia and 10 minutes from the central business district. The Park at Savino was completed in 1985 and offers such amenities as a fitness center, laundry facility, clubhouse and resort-style swimming pool.<\/p>\n

Also under new ownership is Barrington Place, a 233-unit rental community located at 2785 Chaddsford Circle in Oviedo, Financial terms and the buyer\u2019s identity were not disclosed in the press release announcing the deal, which closed early this month. However, according to Yardi Matrix<\/a>, Miami-based Pensam Capital acquired the property for $27.5 million. Equity Residential, the Chicago-based REIT, was the seller.<\/p>\n

Barrington Place is located minutes from the Central Florida Research Park, Quadrangle Office Park, the University of Central Florida, Valencia College and Full Sail University. Built in 1998, the community offers a resort-style pool, a clubhouse, a fitness center, a business center, and private garages.<\/p>\n

CBRE Group Inc. marketed the properties and represented the sellers in both transactions with a team led by Executive Vice President Shelton Granade, Senior Vice President Luke Wickham, and Assistant Justin Basquill of CBRE Capital Markets. Vice Chairman Robert Given was also involved in the negotiations for the\u00a0Barrington Place Apartments sale.<\/p>\n

Image source: Yardi Matrix<\/em><\/p>\n

\u00a0<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Undoubtedly, multi-family investors and developers are increasingly active lately in Orlando and we just got the news about two acquisitions that took place recently.<\/p>\n","protected":false},"author":35,"featured_media":1004506301,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21742,1493],"tags":[1815],"class_list":["post-1004121620","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest","category-orlando","tag-national"],"acf":[],"yoast_head":"\n2 High-Performance Assets Attract M-F Buyers - 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\/2-high-performance-assets-attract-m-f-buyers\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"2 High-Performance Assets Attract M-F Buyers\" \/>\n<meta property=\"og:description\" content=\"Undoubtedly, multi-family investors and developers are increasingly active lately in Orlando and we just got the news about two acquisitions that took place recently.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/2-high-performance-assets-attract-m-f-buyers\/\" \/>\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=\"2015-06-19T21:18:24+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-03-03T22:32:19+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/03\/Barrington-Place-oviedo-Park-at-Savino-orlando.jpg?w=1024\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"1024\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\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\\\/2-high-performance-assets-attract-m-f-buyers\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/2-high-performance-assets-attract-m-f-buyers\\\/\"},\"author\":{\"name\":\"Balazs Szekely\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/623e95293ca6c6791bedc7473f548d7f\"},\"headline\":\"2 High-Performance Assets Attract M-F Buyers\",\"datePublished\":\"2015-06-19T21:18:24+00:00\",\"dateModified\":\"2022-03-03T22:32:19+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/2-high-performance-assets-attract-m-f-buyers\\\/\"},\"wordCount\":279,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/2-high-performance-assets-attract-m-f-buyers\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2021\\\/03\\\/Barrington-Place-oviedo-Park-at-Savino-orlando.jpg\",\"keywords\":[\"National\"],\"articleSection\":[\"News\",\"Orlando\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/2-high-performance-assets-attract-m-f-buyers\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/2-high-performance-assets-attract-m-f-buyers\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/2-high-performance-assets-attract-m-f-buyers\\\/\",\"name\":\"2 High-Performance Assets Attract M-F Buyers - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/2-high-performance-assets-attract-m-f-buyers\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/2-high-performance-assets-attract-m-f-buyers\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2021\\\/03\\\/Barrington-Place-oviedo-Park-at-Savino-orlando.jpg\",\"datePublished\":\"2015-06-19T21:18:24+00:00\",\"dateModified\":\"2022-03-03T22:32:19+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/623e95293ca6c6791bedc7473f548d7f\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/2-high-performance-assets-attract-m-f-buyers\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/2-high-performance-assets-attract-m-f-buyers\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/2-high-performance-assets-attract-m-f-buyers\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2021\\\/03\\\/Barrington-Place-oviedo-Park-at-Savino-orlando.jpg\",\"contentUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2021\\\/03\\\/Barrington-Place-oviedo-Park-at-Savino-orlando.jpg\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/2-high-performance-assets-attract-m-f-buyers\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"2 High-Performance Assets Attract M-F Buyers\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#website\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/\",\"name\":\"Commercial Property Executive\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/623e95293ca6c6791bedc7473f548d7f\",\"name\":\"Balazs Szekely\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/ea1f85d2af7c0f5d50529126ca4816b84db1c71b7a8a620cda11a7d0dc8c8767?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/ea1f85d2af7c0f5d50529126ca4816b84db1c71b7a8a620cda11a7d0dc8c8767?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/ea1f85d2af7c0f5d50529126ca4816b84db1c71b7a8a620cda11a7d0dc8c8767?s=96&d=mm&r=g\",\"caption\":\"Balazs Szekely\"},\"description\":\"Balazs covers the workspace trends, tools, and strategies that help organizations make hybrid work actually work, from access and space management to keeping distributed teams connected. A journalist by training with a career spanning radio, print, and digital media, Balazs has held content roles across multiple Yardi products and teams. His writing has been featured in The New York Times, The Washington Post, and The Wall Street Journal, as well as on CBS, CNBC, and more. Outside of work, Balazs is passionate about photography, winter sports, and nature, and never misses a chance to explore a new city. Drop him a line via email.\",\"sameAs\":[\"https:\\\/\\\/www.linkedin.com\\\/\"],\"jobTitle\":\"Senior Creative Writer\",\"worksFor\":\"WorkCafe\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/author\\\/balazs-szekely\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"2 High-Performance Assets Attract M-F Buyers - Commercial Property Executive","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.commercialsearch.com\/news\/2-high-performance-assets-attract-m-f-buyers\/","og_locale":"en_US","og_type":"article","og_title":"2 High-Performance Assets Attract M-F Buyers","og_description":"Undoubtedly, multi-family investors and developers are increasingly active lately in Orlando and we just got the news about two acquisitions that took place recently.","og_url":"https:\/\/www.commercialsearch.com\/news\/2-high-performance-assets-attract-m-f-buyers\/","og_site_name":"Commercial Property Executive","article_publisher":"https:\/\/www.facebook.com\/CPExecutive","article_published_time":"2015-06-19T21:18:24+00:00","article_modified_time":"2022-03-03T22:32:19+00:00","og_image":[{"url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/03\/Barrington-Place-oviedo-Park-at-Savino-orlando.jpg?w=1024","width":1024,"height":1024,"type":"image\/jpeg"}],"author":"Balazs Szekely","twitter_card":"summary_large_image","twitter_creator":"@cpexecutive","twitter_site":"@cpexecutive","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.commercialsearch.com\/news\/2-high-performance-assets-attract-m-f-buyers\/#article","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/2-high-performance-assets-attract-m-f-buyers\/"},"author":{"name":"Balazs Szekely","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/623e95293ca6c6791bedc7473f548d7f"},"headline":"2 High-Performance Assets Attract M-F Buyers","datePublished":"2015-06-19T21:18:24+00:00","dateModified":"2022-03-03T22:32:19+00:00","mainEntityOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/2-high-performance-assets-attract-m-f-buyers\/"},"wordCount":279,"commentCount":0,"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/2-high-performance-assets-attract-m-f-buyers\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/03\/Barrington-Place-oviedo-Park-at-Savino-orlando.jpg","keywords":["National"],"articleSection":["News","Orlando"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.commercialsearch.com\/news\/2-high-performance-assets-attract-m-f-buyers\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.commercialsearch.com\/news\/2-high-performance-assets-attract-m-f-buyers\/","url":"https:\/\/www.commercialsearch.com\/news\/2-high-performance-assets-attract-m-f-buyers\/","name":"2 High-Performance Assets Attract M-F Buyers - Commercial Property Executive","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/2-high-performance-assets-attract-m-f-buyers\/#primaryimage"},"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/2-high-performance-assets-attract-m-f-buyers\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/03\/Barrington-Place-oviedo-Park-at-Savino-orlando.jpg","datePublished":"2015-06-19T21:18:24+00:00","dateModified":"2022-03-03T22:32:19+00:00","author":{"@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/623e95293ca6c6791bedc7473f548d7f"},"breadcrumb":{"@id":"https:\/\/www.commercialsearch.com\/news\/2-high-performance-assets-attract-m-f-buyers\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.commercialsearch.com\/news\/2-high-performance-assets-attract-m-f-buyers\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/2-high-performance-assets-attract-m-f-buyers\/#primaryimage","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/03\/Barrington-Place-oviedo-Park-at-Savino-orlando.jpg","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/03\/Barrington-Place-oviedo-Park-at-Savino-orlando.jpg"},{"@type":"BreadcrumbList","@id":"https:\/\/www.commercialsearch.com\/news\/2-high-performance-assets-attract-m-f-buyers\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.commercialsearch.com\/news\/"},{"@type":"ListItem","position":2,"name":"2 High-Performance Assets Attract M-F Buyers"}]},{"@type":"WebSite","@id":"https:\/\/www.commercialsearch.com\/news\/#website","url":"https:\/\/www.commercialsearch.com\/news\/","name":"Commercial Property Executive","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/623e95293ca6c6791bedc7473f548d7f","name":"Balazs Szekely","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/ea1f85d2af7c0f5d50529126ca4816b84db1c71b7a8a620cda11a7d0dc8c8767?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/ea1f85d2af7c0f5d50529126ca4816b84db1c71b7a8a620cda11a7d0dc8c8767?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/ea1f85d2af7c0f5d50529126ca4816b84db1c71b7a8a620cda11a7d0dc8c8767?s=96&d=mm&r=g","caption":"Balazs Szekely"},"description":"Balazs covers the workspace trends, tools, and strategies that help organizations make hybrid work actually work, from access and space management to keeping distributed teams connected. A journalist by training with a career spanning radio, print, and digital media, Balazs has held content roles across multiple Yardi products and teams. His writing has been featured in The New York Times, The Washington Post, and The Wall Street Journal, as well as on CBS, CNBC, and more. Outside of work, Balazs is passionate about photography, winter sports, and nature, and never misses a chance to explore a new city. Drop him a line via email.","sameAs":["https:\/\/www.linkedin.com\/"],"jobTitle":"Senior Creative Writer","worksFor":"WorkCafe","url":"https:\/\/www.commercialsearch.com\/news\/author\/balazs-szekely\/"}]}},"jetpack_featured_media_url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/03\/Barrington-Place-oviedo-Park-at-Savino-orlando.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004121620","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/users\/35"}],"replies":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/comments?post=1004121620"}],"version-history":[{"count":3,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004121620\/revisions"}],"predecessor-version":[{"id":1004570281,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004121620\/revisions\/1004570281"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media\/1004506301"}],"wp:attachment":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media?parent=1004121620"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/categories?post=1004121620"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/tags?post=1004121620"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}