Lakeland apartments sell for $57 million

Bridgewater Grand, a 300-unit Lakeland multifamily community, has sold for $57.37 million.

The property at 5546 Autumn Ridge Road was bought by the Connecticut real estate private equity investment firm Hamilton Point Investments.

Berkadia, which brokered the deal, says it closed July 10 and that the community was 95% occupied. (The company declined to share the sale price, which was available in Polk County property records.)…

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