The real estate companies first partnered in December. : PGIM Real Estate and Carroll Organization have extended their partnership by acquiring a property portfolio in South Florida. The real estate firms have entered into a second joint venture to buy the four-property portfolio, valuing the total portfolio in the venture at around $1.3bn (€1.1bn). PGIM and Carroll first partnered in December to buy a portfolio of 28 workforce housing properties across Florida, North Carolina, Tennessee and Texas. The South Florida portfolio includes Bella Vista at Boca Del Mar, Centro at Davie, Savannah Lakes, and Stonybrook Apartments.