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Lynd Co. Acquires Miami Apartment Community for $41M
The Lynd Co. has acquired Parc Place Apartments, a 234-unit apartment community in Miami. The sales price was $40.8 million.
Located at 17600 NW 5th Ave., the property was built in 1972 and was recently renovated. The pet-friendly community features gated access, a business center and a fitness center. The unit mix consists of one-, two- and three-bedroom units.
Tal Frydman of Newmark represented the seller, Park Plaza Apartment Holdings LLC, in the transaction. The Lynd Co. was represented by Ron Meyerson of Miami-based boutique real estate firm Cedano Realty Advisors.
- ◦Sale/Acquisition

