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Bainbridge plans to convert the upscale apartments into condominium units beginning early next year.
Lennar to conver the shuttered property on 30.5 acres into townhouses and condos called Eschelon.
Principal Capital Management provided $15Mln in acquisition financing for the complex, located within the 112-acre Pompano Business Center
No price disclosed, but recent comp. transactions suggest the 21 two-story buildings fetched $25 Mln to $30 Mln.
The assisted living facility was purchased on behalf of a pension-fund client
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