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

FORT LAUDERDALE, FL—A vacant mobile home park will soon be transformed into a high-end multifamily development. JAG-Star Pompano, a joint venture between Jefferson Apartment Group and Starwood Capital Group, snapped up the land from Lighthouse Capital Funding for $6.075 million.

Formerly known as Bali Hi Mobile Home Park, the nine acres of land has the land use and zoning regulations for multifamily development. The buy spans three adjacent parcels located at 4009-4011 North Federal Highway in Pompano Beach.

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