PALM BEACH, FL – FCP has acquired three apartment communities in Palm Beach County, Florida in a $85.5 million transaction.
The portfolio, totaling 683 apartment units, consists of the 218-unit Costa del Lago in Lake Worth, FL, the 314-unit Coronado Springs in Palm Springs, FL and the 151-unit Sedona Village in Palm Springs, FL.
FCP intends to leverage the location of the properties, acknowledging the Palm Beach County's employment growth and high population growth.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.