Login

NexPoint Residential Trust Pays $322 Million for Pembroke Pines Property

Prospect Capital Sells 1.520-Unit Avant Apartments in Broward County
By Nigel Davidson
CoStar Research
September 16, 2019 | 9:08 P.M.

Prospect Capital Corporation has sold the 1,520-unit apartment community at 11801 Pembroke Road in Pembroke Pines, Florida, to NexPoint Residential Trust Inc. for $322 million, or approximately $212,000 per unit. 

This news story is available exclusively to CoStar subscribers.

Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.

This news story is available exclusively to CoStar subscribers.

Ready to Learn More?

Sign Up For a Personalized Demo.

Sign Up For a Demo To Learn More.

Already A Subscriber? Sign In

IN THIS ARTICLE