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Multi-family partners.


The Praedium Group LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control
 announced joint venture acquisition with New York-based Affirmative Equities to purchase Magnolia Grove Apartments located at 2174 Sharp Court in Fern Park, Orlando, FL for $10.3 million or $29,261 per unit.

At time of purchase, the property was 92 percent occupied. The seller was MGA (1) (Monochrome Graphics Adapter) A display adapter that employs Hercules Graphics, combining graphics and text on a monochrome monitor.

(2) (Matrox Graphics Accelerator) A trade name used by Matrox Graphics Inc.
 Partners who was represented by CBRE CBRE CB Richard Ellis (real-estate firm)
CBRE Chemical, Biological, Radiological and Explosive
CBRE Component-Based Reliability Estimation
CBRE Coldwell Banker Richard Ellis (Boston, MA) 
.

Mark Lippmann, head of the Southeast Region for Praedium's acquisition group, stated, "This transaction represents our fifth acquisition in the Orlando market over the last 18 months. The Orlando multi-family market is forecast to continue to strengthen in the near and mid-term. Interesting dynamics, including continued population growth and the conversion of units Conversion of units refers to conversion factors between different units of measurement for the same quantity. Techniques
The simplest way to convert from one unit to another is to carry through the units themselves in the mathematical operation.
 to condominiums, make buying multi-family rentals compelling."

AEC's John Harvatin said a $2 million renovation program would be executed at Magnolia Grove Apartments.
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Title Annotation:The Praedium Group LLC along with Affirmative Equities purchases Magnolia Grove Apartments
Publication:Real Estate Weekly
Article Type:Brief Article
Geographic Code:1USA
Date:Sep 7, 2005
Words:133
Previous Article:Firm gets comfortable.
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