FCA Group Increases Fla. Portfolio With Tampa Deal

Law360, New York (December 6, 2011, 1:13 PM EST) -- Real estate investment and management firm FCA Group has acquired 80 percent of the units at a residential property in Tampa, Fla., the firm announced Tuesday.

The company purchased 212 units at the 264-unit Grand Pavilion in Tampa near the University of South Florida campus. The acquisition totals about 163,000 square feet of residential space and increases FCA Group's ownership stake in the Grand Pavilion to 85 percent, the company said.

An FCA Group spokeswoman said the deal closed on Nov. 30, and the purchase price...
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