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Our fifth Tennessee acquisition in MetroCenter Apartments (320 units), located in Nashville, TN to our portfolio, bringing total holdings in the area to 2300 units. Our cost was just over $83 million, with a per-unit cost of $260,000. Surrounded by entertainment, dining, shopping, and professional opportunities, MetroCenter is a lifestyle.

Verona View Apartments in Plantation, Florida were sold to PGIM an affiliate of Prudential Financial. The property sold for $75 million ‑ 55 percent more than its purchase price or $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. 

ContraVest, Case Pomeroy and BBX Capital sold the 292-unit luxury property, which is part of The Gardens on Millenia, a 47-acre mixed-use development.

Lindemann Multifamily Management paid $218,150 per unit for the 292-unit Addison on Millenia apartment complex, which was completed last year.

The Los Angeles-based real estate investment firm bought a 596-unit Orlando apartment complex for about $132,000 per unit.