Florida’s 400-Unit Condo Sold to a Multifamily Rental Investor
Institutional Property Advisors (IPA), a division of Marcus & Millichap, brokered the $90.5 million sale of the 400-unit Ponte Verde at Palm Beach Lakes condominium in West Palm Beach, Florida, to New Jersey-based Kamson Corp. This transaction represents one of Florida's largest condominium-to-multifamily rental …