Dallas REIT buys Tampa, Orlando apartments

TAMPA -- A 20-year-old apartment complex in New Tampa's Hunters Green community has sold as part of a Central Florida package deal worth nearly $120 million.

Vinings at Hunters Green, a 240-unit apartment complex at 8801 Hunters Lake Drive, along with complexes in both Orange and Osceola counties, were sold to affiliates of both The Milestone Group LLC and Milestone Apartments Real Estate Investment Trust in Dallas.

Vinings sold for $21.7 million, or $90,400 per unit. Also changing hands were: