BELL PARTNERS BUYS APARTMENT COMMUNITY NEAR UNIVERSAL STUDIOS

ORLANDO — Bell Partners Inc. has acquired the 310-unit Landmark Universal Apartments in Orlando, which will be renamed Bell at Universal. The garden-style community includes a swimming pool, clubhouse, cabana with a fireplace, fitness center, theater room and Internet cafe. The property is adjacent to Universal Studios Orlando. In April, Bell Partners completed the final close of a $200 million capital raise for its Bell Apartment Fund IV. To date, the company has invested more than $150 million in apartment communities.