Ashcroft Capital Acquires Halston Lakeside to Enter Sarasota Market.

MANews-(C)2009-2023

US-based multifamily investment firm Ashcroft Capital has acquired Florida-based apartment community Halston Lakeside, to establish presence in Sarasota, the company said.

The acquisition was completed through a new joint venture partnership with Iviron Capital. Terms of the transaction were not disclosed.

Halston Lakeside (formerly Advenir at Gateway Lakes) features 358 apartment homes and marks Ashcroft's first multifamily property in Sarasota and its ninth apartment community within Florida.

Ashcroft's renovation efforts will include a...

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