The Club at Crystal Lakes apartment complex in Deerfield Beach. Credit: Google
A new Deerfield Beach apartment complex sold for $30.5 million in a strong multifamily market fueled by robust South Florida population growth and the high costs of home ownership.
New Jersey-based Landmark Cos. through affiliate Grande Associates Owner LLC bought the apartment community completed this year from AHS Residential LLC affiliate Village at Crystal Lakes LLC, according to Broward County property and state corporate records. The transaction closed Wednesday.
The three-building Club at Crystal Lake totals 144,205 square feet and sits on 5 acres, according to the Broward County property records.
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Lidia Dinkova
Lidia Dinkova covers South Florida real estate for the Daily Business Review. Contact her at [email protected] or 305-347-6665. On Twitter @LidiaDinkova.
