Pinellas apartments sell for $120 million

St. Petersburg, Largo complexes demonstrate that demand for multifamily rentals in the county remains strong, despite the coronavirus pandemic.

  • By Kevin McQuaid
  • | 6:00 a.m. September 4, 2020
COURTESY PHOTO — Ashcroft Capital of New York acquired the Anthem Clearwater apartments and plans a major renovation to the 46-year-old property.
COURTESY PHOTO — Ashcroft Capital of New York acquired the Anthem Clearwater apartments and plans a major renovation to the 46-year-old property.
  • Commercial Real Estate
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A pair of Pinellas County apartment complexes have sold for a combined $120 million, highlighting the notion that despite the COVID-19 pandemic the sector remains in demand among investors.

 

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