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Pulso Capital Acquires Stellar At Palm Aire Build-For-Rent Townhome Community For $21.5 Million

September 7, 2022

Pulso Capital has acquired Stellar at Palm Aire, a new build-for-rent community consisting of 39 townhomes located in the center of the Palm Aire Country Club in Pompano Beach, Fl., for $21.5 million, or $551,282 per unit. The sale and financing were overseen by Berkadia. Effective rent in South Florida rose 25.2% year over year, according to Berkadia Research, driven by an influx of new residents and corporate migrations over the last 12 months.

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In Acquisitions, Banking, Commercial, Closed, Home Builders, Invest, Investment News, News, News & Features, Multifamily, Pembroke Pines, Private Equity, Finance & Banking Tags News & Features, News, Build-For-Rent, Pulso Capital, Palm Aire Country Club, Berkadia Miami, Berkadia, Investment News, Invest, Acquisitions, Closed, September 2022, Commercial, Banking, Finance & Banking, Lending, Mitch Sinberg, Matt Robbins, Scott Wadler, Brad Williamson, Michael Basinski, Jaret Turkell, Yoav Yuhjtman, Omar Morales, Jose Mota, Stellar Communities, Home Builders, Major Benami, Multifamily, Private Equity, Salomon Kamkhaji
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Windward at the Villages

Morgan Properties Acquires 3 Multifamily Communities In West Palm Beach For $132.5 Million

November 2, 2021

The Pennsylvania-based Morgan Properties has acquired three apartment communities in West Palm Beach totaling 622 units. Berkadia International Solutions’ Berkadia Miami completed the $132.5 million sale on behalf of the seller, Massachusetts-based Northland Investment Corporation.

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In Acquisitions, Closed, Commercial, Invest, Investment News, Multifamily, News, News & Features, West Palm Beach Tags News & Features, News, Invest, Investment News, Multifamily, West Palm Beach, Berkadia, Jaret Trukell, Roberto Pesant, Omar Morales, Jose Mota, Morgan Properties, Windward at the Villages, 1441 Brandywine Rd., Acquisitions, Closed, Traded, TJ Piper, Private Equity, Royal St. George, 1651 Brandywine Rd., Village Place, 2111 Brandywine Rd., Palm Beach County, Commercial, November 2021
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