(Save the date: RealShare Apartments comes to the Westin Bonaventure, Los Angeles, October 24.)

PALM BEACH, FL—A 1973 vintage multifamily complex known as Palo Verde Apartments has sold for $14.75 million. Mayan Capital sold the 276-unit multifamily asset to a private investor.

Aztec Group managing director Jason Shapiro and CREC senior vice president Peter Mekras represented the seller exclusively in the transaction. The unrepresented buyer was selected from among more than 10 offers.

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