336-UNIT MULTIFAMILY COMPLEX SELLS IN FLORIDA

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COCONUT CREEK, FLA. — Chicago-based Laramar Group has completed the disposition of of Hillsboro Bay Club Apartments, a 366-unit multifamily complex located in Coconut Creek. Kennedy Associates acquired the property for an undisclosed price. The complex offers a mix of garden-style units with lake views, a gated entry and a recently renovated clubhouse and amenity package. The property was 95 percent occupied at the time of closing. Robert Given and Zachery Sackley of CB Richard Ellis' South Florida Multi-Housing Group.

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