Interface Properties has purchased Brantley Pines for $57 million, or $192,568 per unit, from The Inland Real Estate Group.
The deal was brokered by JBM, which controls 70 percent of the market share in Southwest Florida. It's also not the first deal it has worked with Inland on. JBM has helped the real estate group with $930 million worth of transactions, whether that's buying or selling.
The multifamily property in Fort Meyers, South Florida measures 29.11 acres. It was constructed in two phases, with 46 percent of the property getting previously renovated.
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