Pembroke Pines Rental Asset Trades for $80.5M

Waterton Residential acquired The Landings at Pembroke Lakes Apartments in Pembroke Pines for $80.5 million. The seller was Bar Invest Group. The S. Florida Business Journal reports the property last traded in 2021 for $79.5 million. The 358-unit multifamily community traded for nearly $225,000 a unit. The apartment complex totals 282,107 square feet and was...