REBusinessOnline

OCEANVIEW APARTMENTS ACQUIRED BY LARAMAR GROUP

BOCA RATON, FLA. — Chicago-based Laramar Group has acquired the 4.7-acre, 160-unit Oceanview Apartments in Boca Raton in a foreclosure process brokered by Apartment Realty Advisors’ Boca Raton office. The new owners will rename the property Villa Oceana Apartments and renovate the two mid-rise buildings, which were constructed in 1967. Planned upgrades include new appliances and granite countertops in every unit, an Internet café, upgraded exercise facilities and a business center.

Content Partners
‣ Arbor Realty Trust
‣ Bohler
‣ Lee & Associates
‣ Lument
‣ NAI Global
‣ Northmarq
‣ Pavlov Media
‣ Walker & Dunlop

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