Big ticket multifamily complexes keep trading in South Florida. Newton, Massachusetts-based Northland Investment Corp. just bought two sister rental communities in Jupiter for $56 million, property records show. The real estate investment firm financed the deal with a $46.4 million mortgage from CBRE Capital Markets. Records show the mortgage is a Freddie Mac loan. The communities are called Mallards Cove and Shell Trace Apartments. The properties, located at 6705 Mallards Cove Road, stretch nearly 31 ... [more]