Top South Florida multifamily deals of 2016
Denver-based Grand Peaks marked a major South Florida milestone by acquiring Solero at Plantation, a 481-unit, resort-style gated apartment and townhome community, for $122.7 million—the first multifamily sale in the region to cross the $100 M threshold that year. This deal, executed via a JV with AEW, underscores Grand Peaks’ ability to deploy institutional capital into stabilized, high-amenity assets with strong value-add potential in gateway Sunbelt markets.
The Real Deal (Top South Florida multifamily deals of 2016) —>
Multi-housing News (Joint Venture picks up Solero at Plantation Community) —>
The Real Deal (Invesco sells Plantation apartments, townhomes for $123M) —>