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South Florida Business Journal Acorn Mini Storage has sold a 752-unit self-storage facility in Lantana, Fla., for $13.1 million, or about $17,420/unit. An affiliate of HPI Real Estate Services & Investments of Austin, Texas, bought the property, on 2.24 acres ...
South Florida Business Journal The Related Group has broken ground on the latest phase of the Town Lantana apartments in Lantana, Fla., about 37 miles north of Fort Lauderdale, Fla. The four-story phase will have 348 units on 18 acres ...
Wells Fargo Bank provided a $55 million loan for the purchase.
85 percent occupied. The property's $9.5 million of debt is securitized through Credit Suisse First Boston Mortgage Securities Corp., 2003-C2.
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© 2020 Commercial Real Estate Direct All rights reserved.