Texas company buys Manatee County apartment complex

An apartment complex in Palmetto has recently changed hands. Trevesta Place Apartments was acquired by Venterra Realty of Houston, according to a statement. Financial terms of the deal were not disclosed, and Manatee County property records have not yet been updated to reflect the sale as of Aug. 22.

Trevesta Place Apartments, near the intersection of Interstates 75 and 275, contains 256 units.

The seller — CRP/TBR Trevesta Place Owner LLC — bought the land on Annapolis Loop for $3.1 million in 2021, and the property is now assessed for $48.687 million, records show.