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Related Group Sells Royal Palm Beach Apartments for $119M

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Related Group sells Royal Palm Beach apartments for $119M
392-unit community was built in 2019
Miami /
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The complex at 10900 Town Circle with (from left) Group chair and CEO Jorge Pérez and President Jon Paul Pérez and Pantzer Properties co-CEOs Jason and Jordan Pantzer (The Point at Wellington, Related, Pantzer)
The Related Group sold a Royal Palm Beach multifamily complex for $119.4 million.
New York-based Pantzer Properties, through an affiliate, bought the 392-unit community at 10900 and 11020 Town Circle, according to records. The buyer scored an $82.1 million loan by taking over an existing $52.8 million mortgage and borrowing an additional $29.3 million from Walker & Dunlop. ....

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Kushner Starts Construction of South Florida Project

3050 Biscayne Boulevard, Suite 604, Miami, FL 33137 Phone: 212-260-1332
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