The Praedium Group Acquires Manor Lantana in Palm Beach

The Praedium Group has acquired Manor Lantana, a 348-unit, newly constructed, suburban multifamily property in Lantana, FL.

Manor Lantana was built in 2022. It consists of four, four-story elevatored, garden-style buildings. The homes all have high-end finishes and the average size is 1,164 square feet. Community amenities include two resort-style swimming pools with cabanas and pavilions, two-story clubhouse with wrap-around porch, multi-room exercise wing, plus spa and golf simulator.

“Acquiring this asset, with its market lending amenities, allows us to capitalize on a transforming location,” said Chris Hughes, Principal at Praedium. “Manor Lantana benefits from a strong supply-demand dynamic as the city of Lantana, within the Palm Beach MSA, has had robust population growth but historically limited apartment development.”

Hughes added the location, part of 72-acre mixed use Water Tower Commons, is going through a positive transformation which will support the property and its continued growth.

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About Angela Noote

Angela Noote is a native of Northern California and graduated from Chico State with a degree in public relations. After college she moved to the Central Coast and worked first in ad sales then in editorial, eventually spending more than a decade as a print reporter and editor. She detoured into design work at a printer/publisher, and with a partner eventually opened a boutique full-service marketing agency. Moving into corporate communications, she built and managed several successful marketing teams in the hospitality, financial services, and nonprofit industries. Most recently she was an internal comms manager in the tech sector. After a long stint spent in Georgia (Go Dawgs), she moved to Baton Rouge, LA and has written for clients in the financial, luxury imports, higher ed, commercial cleaning, and medical equipment industries. Her son is a media arts major at the University of South Carolina, and her husband owns a comedy theater in Baton Rouge, where you can often find Angi teaching improv classes, leading corporate training events, or doing an occasional stand up set.

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