An affiliate of Harbor Group International just paid $158.5 million for Montage at City Center in Pembroke Pines, marking South Florida’s biggest multifamily deal of the year. AVR Realty Company was the seller of 700-unit rental complex. Property records show the Yonkers, New York-based real estate firm had paid the same amount, $158.5 million, for the project in two purchases in 2014 and 2015. “It was not a strategic hold for them for their portfolio,” Cushman & ... [more]