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Investors pay $24M for new apartment complex in Lantana

Price breaks down to $222,222 per unit UPDATE April 15 1:48 P.M.: Miami investors just put down $24 million for a two-year-old apartment complex in Lantana, a coastal town in Palm Beach County just north of Manalapan. The deal includes Bridgewater at Lake Osborne, a a 9.6-acre apartment community with 108 units at 2282 Lantana Road. County records show it was built two years ago by a partnership between multifamily builder Eastwind Development and the Index

Bayshore Investment Partners buys units in Town Park Villas

An affiliate of Miami’s Bayshore Investment Partners purchased 66 units in Town Park Villas for $6.98 million. BUYER: TPV Investors LLC (manager: Jared Brunnabend and Jose Tello), MiamiSELLER: Prospect Tampa Townhomes LLCPROPERTY: 6070 Gibson Ave., Temple TerracePRICE: $6.98 millionPREVIOUS PRICE: $2.08 million, September 2012LAW FIRM ON DEED: Law Offices of Terence J. Delahunty Jr. PA, Orlando PLANS, DESCRIPTION:An affiliate of Miami’s Bayshore Investment Partners purchased 66 units in Town Park Villas for $6.98 million. The

Miami investment group buys Brandon Crossing Apartments

Miami’s Bayshore Investment Partners purchased the 200-unit Brandon Crossing Apartments for $14.5 million. BUYER: Brandon Crossing Investors LLC (manager: Jared Brunnabend), MiamiSELLER: Brandon Crossing Partners Ltd.PROPERTY: 1911 Brandon Crossing Circle, BrandonPRICE: $14.5 millionPREVIOUS PRICE: $2.26 million, December 1982 and $1.3 million, January 1997LAW FIRM ON DEED: Lowndes Drosdick Doster Kantor & Reed PA, Orlando PLANS, DESCRIPTION:Miami’s Bayshore Investment Partners purchased the 200-unit Brandon Crossing Apartments for $14.5 million. The price equated to $72,500 per unit.