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Investor Expands Apartment Portfolio in Sun Belt Market With Slowing Rent Growth

General Services Corp. Pays $115 Million for Longitude 82 Complex in Sarasota, Florida
General Services Corp. bought what is now called Latitude 27 in Sarasota, Florida. (Leila Sally/CoStar)
General Services Corp. bought what is now called Latitude 27 in Sarasota, Florida. (Leila Sally/CoStar)
CoStar News
December 20, 2022 | 6:51 P.M.

An investor has expanded its apartment portfolio in a part of Florida where renters have been paying some of the highest premiums above historical rents.

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