Sarasota-based Insula Cos., has recently closed on the purchase of the Calibre Bend Apartments in Winter Park. The deal marks the first time the firm has exceeded $100 million in acquisitions in one year. The firm bought the 212- unit complex for $29 million or just under $136,800 per unit. Insula plans a $1.5 million makeover for the complex, which is next to Full Sail University and close to the University of Central Florida. “Our team is proud to have consistently built upon successes to have reached this significant point for our company,” Insula President Fred Cochran said in a statement.
