Located at 2802 Cheval St., off of S. Alafaya Trail and set between the greens of Stoneybrook East Golf Course, the 51.5-acre property features 43 three-story buildings with mostly two-bedroom units, built in 2000. The sale reflects a per-unit value of $153,737.
The buyer affiliate traces back to Chicago-based LivCor, a real estate firm formed in 2013 by Blackstone. LivCor specializes in multifamily properties, and owns and operates assets across the country, with 12 in Florida and four in Greater Orlando prior to this week's acquisition. That includes the 55 West building in downtown Orlando, which Blackstone bought in April 2017.
Management at the Knightsbridge at Stoneybrook apartments said Thursday that Carroll's Arium Living property management firm had been retained to stay on at the complex.
Officials with Blackstone and LivCor did not respond to requests for comment on Thursday.
Blackstone's affiliate buyer sourced a $179.021 million multi-state mortgage from Fannie Mae via Wells Fargo Bank.
The other four assets acquired from Carroll do not appear to be in Greater Orlando, based on the loan documents. That mortgage highlighted the value of real estate and personal property being acquired totals $279.72 million among all the assets. The note matures in February 2033.