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Out-of-state multifamily buyers eye South Florida

9 days ago   |   By The Real Deal New York

When JLL's Maurice Habif brought a 336-unit Hollywood apartment complex to market just before Labor Day, he noticed more than the regular crop of institutional investors active in South Florida paying attention. Habif saw unfamiliar private investors, family offices from outside Florida, even a group financed by 1031 exchange deferred capital gains money. The Parc Station complex, a garden-style apartment community at 2301 North 29th Avenue, eventually sold to Atlanta-based Cortland Partners for $91.7 million,
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