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Harbor Group International Expands South Florida Footprint with Acquisition of 280-Unit West Palm Beach Apartment Community

WEST PALM BEACH, FL - Affiliates of Harbor Group International, a privately owned international real estate investment and management firm, announced the acquisition of Locklyn West Palm, a newly developed multifamily community in West Palm Beach, Fla. Comprising 280 units, the community adds to HGIs growing footprint in South Florida, which now totals more than 3,800 apartment homes across 15 properties. Locklyn West Palm offers a central location for residents. The community is proximate to...
Boca Raton United States Palm Beach Gardens West Palm Beach Henry Stimler Avery Klann

Atlas Real Estate Partners Completes $83 Million Sale of 268-Unit Meadow Brook Preserve Apartment Community in Florida

NAPLES, FL - Atlas Real Estate Partners, a multifamily-focused private investment and development firm with offices in New York and Miami, completed the sale of Meadow Brook Preserve, a 268-unit apartment community located at 1130 Turtle Creek Blvd. in Naples, Florida. The firm sold the community to Cardinal Capital for $83 million. At the time of the sale, the property was ~98% occupied. The transaction closed on November 7th. Atlas Real Estate Partners along with Andover Real Estate Partners.....
New York United States Boca Raton Meadow Brook Turtle Creek Rob Stone

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Lynd Living Sells 280-Unit The Lakes at Margate Apartment Community for $66.50 Million Just Eight Months After Its Acquisition

FORT LAUDERDALE, FL - Just eight months after acquiring a 280-unit garden-style apartment complex northwest of Fort Lauderdale, Lynd Living has sold the asset for $66.50 million. That amounts to $15.50 million more than the $51.00 million price paid on March 17, 2021. Lynd Living CEO David Lynd said the decision to sell now was not easy, but feels the time was right to maximize value due to the hot real estate market. “Values in South Florida have really skyrocketed since the pandemic.....
United States Fort Lauderdale Mary Brickell Constantine Scurtis David Lynd Hampton Beebe

Harbor Group International Acquires 248-Unit The Heritage Luxury Apartment Community for $81 Million in Boca Raton, Florida

BOCA RATON, FL - Harbor Group International, a privately-owned international real estate investment and management firm, announced the acquisition of The Heritage, a 248-unit, Class A multifamily community in Boca Raton, Fla., for $81 million. Newmark Knight Franks Hampton Beebe and Avery Klann coordinated the sale. Meridian Capitals Abe Hirsh and Zev Karpel along with Newmark Knight Franks Henry Stimler and Bill Weber coordinated the financing for the deal. The Heritage consists ...
United States Fort Lauderdale Boca Raton Mall Boca Raton West Palm Beach Richard Litton

Out-Of-State Multifamily Buyers Eye South Florida

Javascript is disabled in your web browser. For full functionality of this site it is necessary to enable JavaScript. Please Allow Javascript and reload this page. Out-of-state multifamily buyers eye South Florida South Florida’s multifamily market starts new year buoyed by out-of-state interest Miami Issue / Parc Station When JLL’s Maurice Habif brought a 336-unit Hollywood apartment complex to market just before Labor Day, he noticed more than the regular crop of institutional ...
United States New York Tatum Waterway Miami Beach Ocean House Palm Beach

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