The Spectra at Tamarac apartment community at 8650 NW 61st St. Photo: Google
The deal, which breaks down to over $161,500 a unit, speaks to a strong South Florida multifamily market.
October 30, 2019 at 01:12 PM
1 minute read
South Florida real estate reporter
A Canadian multifamily investor bought a Tamarac community for $47 million, illustrating the healthy appetite for suburban South Florida apartments.
An affiliate of Toronto-based Prism Multifamily Group bought the nine-building Spectra at Tamarac on Oct. 24 from an affiliate of apartment investor Embassy Group LLC based in Airmont, New York.
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