Millennium Apartments trades for $62 million

Deal came together in the wake of a 99-year-ground lease.

  • By Kevin McQuaid
  • | 6:00 a.m. May 31, 2019
  • Commercial Real Estate
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A Los Angeles-based investment firm has acquired the newly completed Millennium Apartments in Fort Myers for $62 million, one of the largest transactions involving a multifamily rental project in Southwest Florida in the past three years.

 

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