ORLANDO, FLA. — Bank of America has purchased Pinehurst Park, a 296-unit apartment community in Orlando, from N.J.-based RCP Management for $16.3 million. The complex features studio, one-, two- and three-bedroom units, and is located on the north shore of Lake Ellenor at the intersection of Texas Rd. and Oak Ridge Rd. Joseph Brecher of Gebroe-Hammer Associates and Lucky Commercial Realty, both of Miami, represented the seller. Leigh Fletcher of Tampa, Fla.-based Stearns Weaver Miler Weissler Alhadeff & Sitterson represented the buyer.