[New post] American Landmark Pays $36.9Mln for Melbourne, Fla., Apartments

Dan Moynihan posted: "Commercial Real Estate Direct Staff Report American Landmark Apartments has paid $36.9 million, or $177,404/unit, for Waverly Place, a 208-unit property in Melbourne, Fla. The Tampa, Fla., investor acquired the property from BG Capital Management of" New post on Commercial Real Estate Direct American Landmark Pays $36.9Mln for Melbourne, Fla., Apartments by Dan Moynihan Commercial Real Estate Direct Staff Report American Landmark Apartments has paid $36.9 million, or $177,404/unit, for Waverly Place, a 208-unit property in Melbourne, Fla. The Tampa, Fla., investor acquired the property from BG Capital Management of Short Hills, N.J., which had purchased it in 2017 for $22.3 million. Marcus & Millichap's Institutional Property Advisors unit […] Read more of this post Dan Moynihan | December 1, 2021 at 5:50 pm | Categories: General News | URL: https://wp.me/pcdE10-2jGD Unsubscribe to no longer receive posts from Commercial Real Estate Direct. Change your email settings at Manage Subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://crenews.com/2021/12/01/american-landmark-pays-36-9mln-for-melbourne-fla-apartments/