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Robbins/Electra America acquires Central Place at Winter Park

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Robbins/Electra America acquires Central Place at Winter Park, a multi-family community in Orange County, FL

Formerly called 7 Central, the acquisition brings the total number of properties in the company’s portfolio to 62.

May 18, 2016, Tampa, FL – Robbins Property Associates, along with their investor and partner Electra America of North Palm Beach, FL, has acquired a multi-family residential community in Winter Park, FL, to add to their rapidly expanding portfolio. Built in 1974, the community has 304 units. This brings the number of properties under ownership and management to 62, with 19,194 total apartment homes.

Robbins/Electra America, (REM), owns and manages multi-family properties in several states including Florida, Georgia, Maryland, Texas and Virginia.

“We are very excited about the acquisition of Central Place at Winter Park,” said Steve Robbins, CEO of Robbins Property Associates and a partner in REM. It has a great location and easy access to Full Sail University and many other retail and employment centers. Our renovation of the apartment homes and amenities will be comprehensive. The homes will be updated with modern finishes and appliances, and we’ll provide a state of the art fitness center and a fantastic clubhouse with all the most desired amenities.”

Some of the features of Central Place at Winter Park:

•Kitchens will be upgraded with new appliances, countertops, fixtures

and cabinets

•Baths will have new cabinetry, hardware and fixtures

•New flooring and window treatments

•A professional quality, 24-hour fitness center

•Two resort style swimming pools

•Two lighted basketball courts and a playground

Central Place at Winter Park is a pet-friendly community. It’s located at 7000 University Blvd., Winter Park, FL, just minutes from downtown Winter Park.

For more information, visit www.robbinsre.com.

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