McKinley Hyde Park Acquires 19th Community and Further Expands McKinley's Overall Dominant I-4 Corridor Footprint

April 7, 2016

McKinley Hyde Park announces the acquisition of Ivy Flats located within the historic neighborhoods of Hyde Park and Palma Ceia. Ivy Flats is the newest addition to McKinley Hyde Park, a boutique collection of historic and restored apartment homes in the Hyde Park and South Tampa neighborhoods. This majestic building is situated at the corner of Estrella St. and Obrapria St., and offers a classic Spanish architectural design typical of many buildings built in Hyde Park during the 1920's, 30's and 40's. Ivy Flats is the 19th community in the McKinley Hyde Park collection, and further expands the very unique choices available to its customers.

 "Ivy Flats has an exceptional location bridging the Palma Ceia and Hyde Park neighborhoods. It has charming and spacious one-bedroom apartment homes with magnificent ten foot ceilings and wood floors, and we will make significant investments and upgrades at this community like we are making at all of our Hyde Park communities," stated Kenneth P. Polsinelli, Chief Real Estate Officer.  “Residents appreciate our historically relevant renovations in combination with our thoughtful modern touches.  Our ability to close very quickly, and complete a detailed property review very efficiently, makes it a win-win for us as the buyer and for the seller as well. Once again, The PrivateBank was along our side as we closed this transaction in record time," added Polsinelli.

“McKinley Hyde Park represents the very best of authentic and historic apartment living in traditional neighborhoods within the heart of downtown,” said Albert M. Berriz, Chief Executive Officer.  “Each community has been carefully curated to ensure that the brand delivers and exceeds expectations. We thoughtfully approach each building with an eye to detail that is sure to please the most discerning customers,” he further offered.

Tags:   Hyde Park