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WELLINGTON, FL-Roberts Realty Investors Inc. sold the 200-unit St. Andrews at the Polo Club community for $180,000 per unit. Wellington Development also paid $3.2 million to State Farm Life Insurance Co. as an early termination fee to pay off the property's mortgage debt.
© Touchpoint Markets, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to asset-and-logo-licensing@alm.com. For more inforrmation visit Asset & Logo Licensing.
July 02, 2025
Uncertainty grows as prices and sales volumes retreat.
July 02, 2025
Metro-level nuances reveal opportunities that might not be obvious based on national trends.
July 02, 2025
Vacancy is set to tick up 10 basis points this year but remain 110 basis points below the national average.
