Mill Creek Residential just paid $37.2 million for a 127-unit apartment complex in Dania Beach. The Dallas-based company bought the complex, known as the Aqua Isles Apartments at 4791 Southwest 39 Way for $29,330 per unit. Mill Creek purchased the property from Principal Real Estate Investments, a subsidiary of the Des Moines, Iowa-based insurance company Principal Financial Group. Mill Creek financed the acquisition with a $24.4 million mortgage from MetLife Real Estate Lending. The apartment ... [more]