Monthly Archives: April 2017
Michaelson Real Estate Group, LLC and a Private Equity Investor Acquire Cottage Court Apartments in Port Ritchey, Florida
Michaelson Real Estate Group, LLC (“Michaelson”) and a private equity investor have acquired Cottage Court Apartments, a 92-unit multi-housing community in Port Ritchey, Florida. Built in 1986, Cottage Court Apartments features stylish one and two-bedroom apartments with ground floor entry, open kitchens, a spacious dining area for entertaining, large walk-in closets and hardwood vinyl throughout. Average unit size is 879 square feet. The community also offers an array of amenities
Michaelson Real Estate Group, LLC and a Private Equity Investor Acquire Carlyle at Waters Apartments in Tampa, Florida
Michaelson Real Estate Group, LLC (“Michaelson”) and a private equity investor have acquired Carlyle at Waters Apartments, a 392-unit multihousing community in Tampa, Florida. The asset enjoyed 92% occupancy at the time of purchase. “Michaelson’s competitive advantage is its expertise and deep roots in the Florida multifamily market as well as its judicious experience in identifying attractive investment opportunities in the real estate market,” says Mike Moses the Principal and
Michaelson Real Estate Group, LLC Launches Into Texas
Michaelson Real Estate Group, LLC announced today that it has expanded its market-leading multi-family property management business into Texas. The acquisition was completed through a joint venture with a private equity firm based out of California. It involves five Texas apartment communities. Michaelson will have an undisclosed interest in the real estate and will provide customary property management and leasing services for the venture. “We are excited to begin work