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Hunt, Carter USA sell Sarasota, Fla., residential complex

Hunt Cos. Inc. and co-developer Carter USA sold a residential development in downtown Sarasota, Fla., to an undisclosed buyer for $80 million.

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The DeSota rental apartment property in Sarasota, Fla.
Source: Hunt Cos. Inc.

The 10-story DeSota complex at the corner of Second Street and Central Avenue contains 180 units with an average area of 1,139 square feet, and 15,000 square feet of ground-floor retail.

Walker Dunlop Investment Sales was the broker for the transaction.