CBRE Closes $31M Deal near Orlando
Altamonte Springs, Fla.—Michaelson Group purchased the recently renovated, 312-unit Charter Pointe from Insula Properties. CBRE has recently arranged the sale of Charter Pointe, a 312-unit community near Orlando, in Altamonte Springs, Fla. Jacksonville-based Michaelson Group acquired the asset for $31 million. Sarasota-based Insula Properties was the seller, represented by CBRE’s Shelton Granade, Luke Wickham and Justin Basquill.

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