Monday, March 11, 2013

Delray Beach apartments with 488 units sell for $69M

A pair of neighboring apartment complexes in Delray Beach were acquired for $69.1 million by an affiliate of San Diego-based Fairfield Properties.The complexes are the 288-unit Spring Harbor at 1505 Spring Harbor Drive and the 200-unit Spring Landings at 1605 Linton Lake Dr. Both complexes include a clubhouse. They are on opposite sides of the same lake – just west of the Linton Boulvard exit of Interstate 95.Dallas-based 1865 Linton & 1495 Spring Harbor LLC sold the properties to Fairfield…

Read More... [Source: Residential Real Estate News - Residential Real Estate News Headlines | Bizjournals.com]

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