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Jupiter Sees $56M Multifamily Portfolio Sale

“We continue to see tremendous interest in value-add opportunities in the Florida markets."

By Jennifer LeClaire | jenniferleclaire | Updated on October 05, 2017

Jupiter is seeing strong multifamily traction. Jupiter is seeing strong multifamily traction.

MIAMI—Mallards cove and Shall Trace, two neighboring multifamily communities in South Florida, have traded hands. The sale price: $56 million.

HFF brokered the sale of the 359 multifamily assets in Jupiter, FL. The HFF investment sales team included senior managing director Matt Mitchell, managing director Jaret Turkell, senior director Maurice Habif, director Zach Nolan and analyst Simon Banke.

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