Lindemann Multi Family Management has sold Verona View Apartments, located in Plantation, Florida. Originally purchased in 2013, the . That is 55 percent more than the purchase price—$255,972 per unit.
The Verona View apartments in Plantation sold for $75 million. Verona Apartments Holdings, an affiliate of Miami-based Lindemann Multifamily Management, sold the 293 apartments at 10900 N.W. 17th St. to PRIII Verona Owner LLC, an affiliate of PGIM Real Estate, a global real estate investment fund.
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Cushman & Wakefield has arranged the $82 million sale of Overton Row, a 323-unit apartment community located in Charlotte, North Carolina. Marc Robinson, Jordan McCarley and Watson Bryant of Cushman & Wakefield represented the sellers, CampusWorks Development, Kaplan Residential and an affiliate of global investment firm The Carlyle Group, in the transaction. Lindemann Multifamily Management acquired the property.
Lindemann Multifamily Management acquired the 323-unit asset from CampusWorks Development, Kaplan Residential and an affiliate of The Carlyle Group.