The largest multifamily housing owner, manager, and developer in the U.S. has acquired a 21.8-acre property in Largo, where it will build a new apartment community.
Greystar Real Estate Partners purchased the property at 5771 Roosevelt Boulevard for $19.25 million from Empath Health, according to a deed recorded on Thursday with the Pinellas County Clerk’s office.
The development group also took out a $68 million construction loan from CIBC Bank USA…