WEST PALM BEACH, FL-A company managed by Covenant Capital Group has picked up Reflections at West Palm Beach, a 14-acre apartment complex in West Palm Beach, for $20.4 million. Public records point out that the mailing address of the seller is tied to AIMCO.
The multifamily property is situated at 4860 Sand Stone Lane. Public records revealed that the complex was earlier sold in 1985 for $2.8 million. The property also includes a tennis court, surface parking and lakes. For the full story, go to South Florida Business Journal .
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