Realco Capital Partners buys College Court, Campus Club

BUYER: College Court USF LLC (Realco Capital Partners II), Fort Myers Beach
SELLER: College Court Ltd.
PROPERTY: 5610 Graduate Circle, Temple Terrace
PRICE: $11.8 million
PREVIOUS PRICE: $1.053 million

BUYER: Campus Club USF LLC (Realco Capital Partners II), Fort Myers Beach
SELLER: RRE Campus Club Holdings LLC
PROPERTY: 5651 E. Fletcher Ave., Tampa
PRICE: $10.5 million
PREVIOUS PRICE: $13.25 million, June 2006
LAW FIRM ON DEED: Burr & Forman LLP, Orlando

PLANS, DESCRIPTION:
Realco Capital Partners LLC has entered the University of South Florida student housing market. The Stamford, Conn.-based investment and development firm purchased the 92-unit College Court for $11.8 million and the 64-unit Campus Club for $10.5 million.