227
BRADENTON, FLA. — JBM Institutional Multifamily Advisors has brokered the $102 million sale of ParkCrest Landings, a 400-unit community in the Sarasota suburb of Bradenton. Passco Cos. sold the asset to an undisclosed buyer. ParkCrest Landings comprises 17 residential buildings, three amenity and clubhouse buildings and two pools on a 78.4-acre site. The property offers one-, two- and three-bedroom apartments with an average size of 1,026 square feet.