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South Florida Multifamily | Tgm Associates

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Broadstone Harbor Beach | TGM Associates – $136M TGM Associates bought the Broadstone Harbor Beach apartment complex in Fort Lauderdale for $136 million, marking South Florida’s largest multifamily deal so far this year. The New York-based real estate firm purchased the 394-unit waterfront building at 1721 17th Street for about $345,000 per unit, records show. Alliance Residential and Invesco Real Estate sold the property to TGM. The units average 912 square feet, with rents ranging ... [more]

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