FORT LAUDERDALE, FL—Fractured condo sales are few and far between these days, but deals are still getting done. CBRE offers the latest example: the sale of 74 of 150 luxury condo units at Paragon Plantation in Plantation, FL.
Falcon Carlyle sold the condos to Paragon Plantation Holdings for $9.35 million, or $126,351 per unit. The condos are located at 741-791 North Pine Island Road.
The CBRE Capital Markets, Investment Properties, Multifamily team involved in the sale included Calum Weaver, Richard Tarquinio, Perry Synanidis, and Elizabeth Rogerio. Christopher Apone of CBRE Debt & Structured Finance collaborated in representing the seller.
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