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Florida & Gulf Coast  + South Florida  + Apartments  | 

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.


Inside The Story

Cedano Realty AdvisorsNewmark’s Frydman

About David Cohen

David Cohen is Southeast Editorial Director at Connect Commercial Real Estate. David is a media veteran with more than 10 years of experience in journalism, copywriting and communications across a variety of roles. He is responsible for covering commercial real estate news and trends in the Southeast, Florida, Washington D.C. and Boston at Connect CRE as well as specializing in the Student Housing sector. Prior to joining Connect, David was the editor of Northeast Real Estate Business magazine and Student Housing Business magazine at France Media as well as spending time freelancing for ESPN and the Associated Press in the fast-paced field of live sports event production. He is also an owner and investor in multifamily real estate in Atlanta, GA. David currently resides in Atlanta and graduated from the College of Communication & Information at the University of Tennessee Knoxville.