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Park at Ashley Place apartment complex is sold to company based in Canada

NEW PORT RICHEY

Apartment complex sells for $8 million

A 143-unit luxury apartment complex owned by a Tampa-based company has been sold to a Canada-based firm for a little more than $8 million. The Park at Ashley Place on Vista Verde Drive was owned by Blue Rock Partners LLC, but recently changed hands to Symcor Capital Inc., according to a news release from Hendricks & Partners, an investment and banking company that handled the sale. The price tag works out to $56,293 per unit. The property, which was 95 percent occupied at the time of closing, was built in 1986 with an average unit size of 784 square feet. Cole Whitaker, who heads Hendricks & Partners in the Southeast, negotiated the sale with senior investment advisor Jason Stanton of the firm's Tampa Bay office, representing Blue Rock Partners.

NEW PORT RICHEY

Police training exercise planned

If you see officers and police dogs swarming around the Orchard Ridge Nursing Home this evening, don't be alarmed. K-9 Training Centers has organized a law enforcement training exercise near the nursing home at 4927 Vorhees Road, which will start at 6:30 p.m. Officers from various agencies will participate in a drill to find a fictitious Alzheimer's patient who has gone missing. The training exercise is scheduled to last until about 8:30 p.m.

DADE CITY

Burns planned for Green Swamp

The Southwest Florida Water Management District will be conducting controlled burns this month in the district's Green Swamp Wilderness Preserve. About 500 acres will be burned in small, manageable units. The scheduled, managed burns are part of the routine maintenance of district lands to avoid uncontrolled wildfires and enhance the area's natural conditions. Burns will be conducted only when weather conditions are favorable. Efforts will be made to ensure that the smoke will not affect homes or highways, but motorists should use caution in cases when smoke reduces visibility. For information, call (352) 796-7211 or toll-free 1-800-423-1476, ext. 4467.

PORT RICHEY

Pet adoption event set for Oct. 6

The Humane Society of the Nature Coast will hold a pet adoption event from 10 a.m. to 2 p.m. Oct. 6 at its ReTAIL and adoption center in the Gulf View Square mall, 9409 U.S. 19 (by Dillard's). Rescue groups including Lost Angels and Dogma Animal Rescues will be in attendance with dogs available for adoption. All shoppers will receive 10 percent off their entire purchases for the day. The Humane Society of the Nature Coast is a no-time-limit, no-kill shelter for homeless, neglected and abused animals. For information about the Humane Society of the Nature Coast ReTAIL Store and volunteer opportunities call (727) 842-9279, visit www.HumaneRescue.org or find the organization on Facebook.

Park at Ashley Place apartment complex is sold to company based in Canada 09/14/12 [Last modified: Friday, September 14, 2012 8:42pm]
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