NKF Negotiates $53.5M South Florida Multifamily Portfolio Sale

Jun 01, 2020 No Comments by

Newmark Knight Frank (NKF) has negotiated the $53.5 million sale of a two-property, 398-unit multifamily portfolio in Plantation.

The communities, Hamlet Plantation and The Continental Apartments, are located less than one mile from each other and six miles west of downtown Fort Lauderdale.

Each property offers one- and two-bedroom floor plans, and each was recently renovated to include new roofs, paint and impact glass windows.

Tal Frydman, Avery Klann, Hampton Beebe, Tyler Minix and Jonathan Senn of NKF represented the seller, Jenco Properties, in the transaction. Canadian investment firm Prism Multifamily Group acquired the assets.

 

Source:  RE Business

 

 

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Broward County Multifamily, Industry News, Multifamily, NA
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