Results 1 to 2 of 2
  1. #1

    • MiceChat Round-Up Crew
    • is in Antarctica
    • Offline

    Join Date
    Oct 2007
    Location
    Orlando, Florida
    Posts
    4,450

    CP Housing Patterson Court sold to Texas Developer

    Not sure how this will affect CP housing.
    A Texas real estate investment trust bought a housing complex leased by Walt Disney World for $67.3 million, or $175,130 per unit the largest apartment sale to date this year.
    US LStar I LLC, an entity related to San Antonio-based USAA Real Estate Co., bought the 384-unit Patterson Court complex in the Little Lake Bryan development Oct. 29 from Alta Cast Housing LLC, an entity related to Atlanta-based developer Wood Partners, Orange County and state records showed. The apartments, built in 2008, are used to house cast members from the Disney international and college programs.
    The three-bedroom apartments include amenities such as a pool with adjacent plaza, club room and fitness and business centers on 20 acres, the release and county records said.
    USAA Real Estate, a subsidiary of financial services firm USAA, has $6 billion in commercial real estate assets under management and provides co-investment, acquisition, build-to-suit and development services for corporate and institutional investors.


    Read more: Disney worker housing sells for $67.3M | Orlando Business Journal
    Disney worker housing sells for $67.3M | Orlando Business Journal

  2. #2

    • Self Congratulative
    • Offline

    Join Date
    Feb 2005
    Location
    Glendale, CA
    Posts
    667

    Re: CP Housing Patterson Court sold to Texas Developer

    Doesn't look like the situation will change much, just the ownership. They were already managed by Price Management LLC. - an outside operator. It looks like Disney will still be leasing from USAA, the new owner.

    I lived in Patterson for a while. It was nice. It also was the only cast housing that didn't smell like a dirty foot.

Similar Threads

  1. Housing in Anahiem
    By cpdisneyprincess in forum Break Room
    Replies: 2
    Last Post: 06-07-2006, 10:07 PM
  2. Most overvalued housing markets
    By Where's Barbie? in forum MiceChat Main Lounge
    Replies: 11
    Last Post: 01-01-2006, 04:46 PM
  3. Walt Disney Buys TV-Games Developer- Associated Press- 6/8/05
    By dramaqueen in forum MiceChat News Archive
    Replies: 0
    Last Post: 06-08-2005, 07:18 PM
  4. Disney to acquire TV games developer Minds Eye - Reuters 06/08/05
    By BigPigletFan in forum MiceChat News Archive
    Replies: 0
    Last Post: 06-08-2005, 02:22 PM
  5. Disney paid Eisner housing in NYC...
    By cellarhound in forum MiceChat News Archive
    Replies: 2
    Last Post: 04-29-2005, 11:15 AM

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •