A 220-unit apartment complex in Orlando changed hands after the seller boosted rents by upgrading the property. Chicago-based Redwood Capital Group LLC sold the rental property, called Reserve at Conway, to Virginia-based Chandler Residential Inc. Terms of the deal weren’t disclosed. “In the three years Redwood owned Reserve at Conway, we made improvements to the property’s amenities and upgraded the unit interiors, resulting in significant rent premiums,” Kristina Lynn, vice president of acquisitions at Redwood, ... [more]