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Clarion Partners Boosts Portfolio With Value-Add Apartment Deal in Florida

Broadstone North Boca Village Will Be Renamed Cortland Boca Raton
Broadstone North Boca Village's average rent is just shy of $2,000 a month. (Cortland)
Broadstone North Boca Village's average rent is just shy of $2,000 a month. (Cortland)
CoStar News
July 22, 2019 | 6:30 P.M.

Powerhouse investment adviser Clarion Partners has acquired a 384-unit Florida apartment complex in one of the most affluent cities in Palm Beach County as part of a value-add play to renovate the property and raise rents. Terms of the deal were not disclosed.

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  • Properties
    • Del Ola

      7801 Federal Hwy, Boca Raton, FL