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Champions Walk apartments sell for $58 million

The 376- unit Champions Walk apartment complex sold for $58 million on Aug. 8, making it the latest in a number of high dollar sales of multi- unit residential properties in Manatee County . The complex at 4148 53rd Ave. W. is located between IMG Academy and Electa Arcotte Lee Magnet Middle School . Champions Walk , built in 1996, last sold for $30.1 million in 2013, according to the Manatee County Property Appraiser ’s Office. Champions Walk of Bradenton LLC, whose address is listed as care in of Abington Holdings in New York City, sold the property to Merion Champions Walk L.P., whose address is listed as 308 E. Lancaster Ave., Suite 300, Wynnewood, Pa. Merion Champions Walk is listed as a pooled investment fund in a filing with the U.S. Securities and Exchange Commission. Although representatives of the company did not immediately respond to a request for comment, the Champions Walk web site , championswalkapartments.com is already touting new ownership, new management and b...

OPEN DOORS: Oak Hollow joins The Ranch as Seguin’s apartment options blossom

SEGUIN - Two large apartment complexes have opened this year in the city, and management teams at both complexes are being kept busy with inquiries from prospective residents. The Ranch at State Highway 123, a 180-unit complex, opened in March in the 3000 block of North 123 Bypass, and Oak Hollow, a 160-unit complex, began leasing in July at its location on Jim Barnes Drive east of the intersection of South 123 Bypass and Barnes Drive. Oak Hollow's management describes it as "a community of apartment homes." It consists of 80 one-bedroom apartments, 72 two-bedroom units and eight three-bedroom units. "It's not your everyday apartment complex ," said Lacey Garner, assistant vice president with Greystone Asset Management . "Our builders and our owners have taken into consideration trying to reduce our carbon footprint. "We want to help Seguin ‘go green,'" Garner said. Oak Hollow was constructed of sustainable materials and provides energy...