State Sen. Bennett sells Sarasota 23-unit apartment complex at a loss.

State Sen. Bennett sells Sarasota 23-unit apartment complex at a loss.

785 north osprey 23-unit apt complex – Sarasota Florida – SOLD – picture provided here by Sean Dreznin

By Michael Braga, Herald-Tribune / Monday, August 13, 2012

Pearl Partners LLC, a Sarasota company managed former state Sen. Mike Bennett and the son of his longtime business partner Marvin Kaplan, has sold a 23-unit apartment complex at 785 N Osprey Avenue in Sarasota to Four Futures LLC for $1.05 million.

Pearl Partners paid $2.3 million for the complex in March 2006.

For full article, CLICK HERE <—–

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Filed under Commericial Real Estate Articles & News, Investment Real Estate

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