Advenir buys 249-unit apartment building in Pompano Beach for $61M
Advenir bought a 249-unit apartment building in Pompano Beach for $60.9 million, amid an uptick in multifamily investment sales in South Florida. Aventura-based Advenir bought the six-story Bell Lighthouse Point at 4611 North Federal Highway from Greensboro, North Carolina-based Bell Partners, acco
Atlantic Pacific wins approval to expand affordable housing project in Boca Raton
The Boca Raton City Council unanimously approved plans by the city’s housing authority and Miami-based Atlantic Pacific Companies to add 105 apartments to a decades-old affordable housing complex. The zoning changes will enable Atlantic Pacific and the Boca Raton Housing Authority to build two new t
Mortgage Rates Edge Up Again
Rates on 30-year mortgages ticked up to 6.26% from 6.24% last week, while borrowing costs on 15-year mortgages averaged 5.54%, up from 5.49% last week.
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