Lender Elliott Management takes ownership of Carlyle at Waters

BUYER: Garros Carlyle LLC (officers: Neil Barve and Masako Irie), New York City
SELLER: Carlyle I LP (92% interest) and Carlyle II LLC (8%)
PROPERTY: 8415 N. Armenia Ave., Tampa
PRICE: $26.19 (mortgage debit)
PREVIOUS PRICE: $28.8 million, June 2006
LAW FIRM ON DEED: Frost Brown Todd LLC, Louisville, Ken.

PLANS, DESCRIPTION:
Elliott Management Corp. acquired the 392-unit Carlyle at Waters apartment complex in exchange for $26.19 million in mortgage debit.

Located between Armenia and Waterford avenues, the 12.67-acre parcel has 12 residential buildings, a clubhouse and two lakes. Built in 1985, the development features three swimming pools, a lakefront boardwalk and a fitness center.