Investors buy more properties

TAMPA — A pair of local buyers have been busy in the multifamily sector on the Gulf Coast.

The buyers: Long-time Largo apartment investor/operator Ben Mallah and the two-year-old Tampa-based Avesta Homes LLC, owned by Peter Reynolds and Nathaniel Fischer of St. Petersburg.

Recent Avesta Homes acquisitions include: the 193-unit Treesdale condominiums in Bradenton for $5.55 million; the 187-unit Fredericksburg Apartments for $4.48 million; the 120-unit Southern Oaks Apartments for $3.05 million; and a collection of three nearby complexes with a total of 43 apartment units for $1.18 million.