PEMBROKE PINES, FL-The Strategic Partners US Value 5 fund of CB Richard Ellis has acquired a 1,520-unit garden-style apartment complex named The Resort at Pembroke Pines at 11801 Pembroke Road in Pembroke Pines through CBRE Investors' Multi Housing Group.
The property offers both one- and two-bedroom homes with
balconies, gourmet kitchens, walk-in closets, and washers and dryers in all homes and the occupancy rate were 94%. The complex also features sport courts, conference room, fitness center, business center and pools. For the full story, go to Florida Real Estate Journal.
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