StoneBridge Investments Buys Luxe at 1820 in Tampa

TAMPA, FLA. — StoneBridge Investments has acquired Luxe at 1820 in Tampa from American Landmark for an undisclosed amount. Brian Moulder and Chris Chadbourne of Walker & Dunlop represented the seller. Acquisition financing was arranged by Connor Locke, Brenden Coleman and Skye Stansbury of Walker & Dunlop. The 300-unit garden-style property is located at 1820 Crosstown Club Place in the Tampa suburb of Brandon, about 8 miles east of downtown. The asset was constructed in 2009, and Washington, D.C.-based StoneBridge is planning to implement capital improvements during its hold. “Tampa continues to see strong momentum, and by modernizing the unit interiors, refreshing the amenities and enhancing the curb appeal, we believe we can further elevate Luxe at 1820’s standing in the submarket,” said Will Bateman, director at StoneBridge Investments.