Madison Acquires 80 Percent Equity Interest in Two Apt. Complexes

The Enclave in Gainesville and Seminole Grand in Tallahassee are both owned and operated by The Collier Companies.

Gainesville and Tallahassee, Fla. — New York City-based Madison International Realty has acquired an 80 percent equity interest in a portfolio of two student housing communities in Florida for $30 million. The properties are the 412-unit The Enclave in Gainesville and the 486-unit Seminole Grand in Tallahassee. Both communities are owned and operated by The Collier Companies.