Cardinal Residential Ventures purchased the 268-unit Meadow Brook Preserve apartment complex at 1130 Turtle Creek Blvd. in North Naples from Atlas Real Estate Partners and Andover Real Estate Planners for $83 million. Meadow Brook Preserve has one-, two- and three-bedroom homes. The 25-year-old, three-story building features a fitness center, a basketball court, an outdoor kitchen and lounge area, a dog park and a pool. Tyler Minix and Hampton Beebe with Newmark represented the sellers.
Nancy and Chet Niesel bought Shalimar in 2005.
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