![]() “Our team is proud to have consistently built upon successes to have reached this significant point for our company,” said Fred Cochran, president of Insula Cos. This purchase marks their 26th since the firm began operations in 2009. The 212 units average about 1,047 square feet and sit on nearly 15 acres of land.Ī Sarasota-based firm specializing in apartment community acquisition and revitalization on behalf of private investors, Insula has properties in Tampa Bay, Orlando, Lakeland and throughout Southwest Florida. the community underwent a $6.3 million renovation in 2009 addressing all major capital items including the replacement of all exterior siding and windows, putting up new roofs and a redesign of its clubhouse. The two-story, 212-unit property was purchased for $29 million from a private insurance company on Oct. has reached the milestone of $100 million in property acquisitions this year with the recent purchase of Calibre Bend Apartments in Winter Park, Fla. ![]() Calibre Bend Apartments located in Winter Park, Fla.
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