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Stockbridge Capital Buys South Florida Green Multifamily

The Walker & Dunlop team has now closed three new South Florida apartment development transactions for HG Management, totaling nearly $350 million in sales volume.

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The Quaye at Wellington is a 350-unit multifamily property delivered in 2017. The Quaye at Wellington is a 350-unit multifamily property delivered in 2017.

WELLINGTON, FL—HG Management, LLC of Tampa has sold the award-winning The Quaye at Wellington multifamily community here to Stockbridge Capital Group for $120 million.

Bethesda, MD-based commercial finance services firm Walker & Dunlop Inc.  reported the sales transaction. The Quaye at Wellington is a 350-unit multifamily property in Palm Beach County that was completed in 2017 and earned the “Best Green Project of the Year” by the South Florida Business Journal. The property also garnered the “Best Amenities” award in the South Florida Circle of Winners contest and also earned a National Association of Home Builders’ Gold Standard certification for a green project.

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John Jordan

John Jordan

John Jordan is a veteran journalist with 36 years of print and digital media experience.

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