Mid-America Apartment Communities Inc. (MAA: Quote) Tuesday said it has completed the acquisition of Retreat at Lake Nona, a multi-family apartment community in Orlando, Florida.
The Retreat at Lake Nona community provides residents with a wide array of amenities including a resort-style pool, lighted tennis courts, a basketball court, outdoor grills, and fitness and business centers.
Al Campbell, EVP and CFO said, "We are pleased to capture this opportunity to expand our operations and efficiencies in central Florida and expect Retreat at Lake Nona will generate an attractive investment return for shareholders."
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by RTT Staff Writer
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