Providence Real Estate Announces Acquisition of Infinity Residences at the Park Apartments

 Providence Real Estate Announces Acquisition of Infinity Residences at the Park Apartments

CHICAGO–()–Providence Real Estate, LLC (“Providence”), a multifamily owner-operator, announced the completion of the acquisition of the Infinity Residences at the Park (“Infinity”) apartments located beside the Baldwin Park master-planned community in Orlando, Florida. The property was acquired by the Providence Multifamily REIT, Inc., a Providence-managed private REIT that invests in value-add multifamily opportunities throughout the Southeastern United States.

Infinity was built in 1998 and consists of six residential apartment buildings and a clubhouse and leasing center. The property is located across the street from Baldwin Park, a 1,100-acre (445 hectare) master-planned residential community that includes 1 million square feet (93,000 square meters) of premier office and retail space along with over 50 miles (80 kilometers) of walking paths and trails, many of which surround Lake Baldwin….

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