Bell Partners Acquires Multifamily Property In Fort Lauderdale For $99.5M

Three multifamily properties located at 1015, 1111, and 1201 East Sunrise Boulevard in Fort Lauderdale have been sold in a recent transaction. The buyer, Bell Partners represented by Jon Bell, acquired the properties from Greystar Real Estate Partners, represented by Bob Faith. The sale was finalized on 05/03/2021.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $99,500,000
• Units: 279
• Price Per Unit (PPU): $356,631

The three multifamily properties located on East Sunrise Boulevard in Fort Lauderdale were purchased by Bell Partners, with Jon Bell representing the buyer. The seller, Greystar Real Estate Partners, was represented by Bob Faith. The transaction, with a total price of $99,500,000, involved a total of 279 units, resulting in a price per unit of $356,631.