FORT LAUDERDALE APARTMENT BUILDING CHANGES HANDS

FORT LAUDERDALE, FLA. — Geruy, Inc. has purchased The Courtyard Apartments, a 16-unit apartment building in Fort Lauderdale, from South Florida-based Golden Properties, for $1.3 million. The property is located at 408 N.E. 7th Ave. and features eight studios, four one-bedroom and four two-bedroom apartments. Felipe Echarte and Joseph Thomas of Marcus & Millichap’s Fort Lauderdale office represented both the seller and buyer in the transaction.