Clarion Partners Acquires 302-Unit Multifamily In Lauderhill For $72M

Located at 6701-6950 Landings Drive in Lauderhill, this 18.4-acre multifamily property has recently been sold in a closed transaction. The property consists of 302 units, with an average price per unit of $238,411. The deal was completed on February 11, 2022.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $72,000,000
• Address: 6701-6950 Landings Drive, Lauderhill
• Market: Lauderhill
• Buyer: Clarion Partners - David Gilbert
• Seller: Milbrook Properties - Rubin Pikus

Clarion Partners, represented by David Gilbert, acquired the property from Milbrook Properties, with Rubin Pikus as their representative. This transaction highlights the strategic investment decisions made by these key individuals and companies within the real estate market.