The Palms Club
- Date Acquired: July 2012
- Investor: Larkspur
- Deal Type: Off Market Condo
- Location: Orlando, FL
About this Property
Larkspur acquired 190 of 460 units at the Palms Club Condominium in Orlando in July 2012. Post-acquisition, Larkspur facilitated numerous management changes including replacing the existing condominium management company, improving collections of delinquent accounts and instituting utility recoveries from tenants.
These operational changes have improved the financial position of the condominium association and contributed to higher asset valuations.
