Delray rental communities sell for $36 million

A pair of Delray Beach rental communities have been purchased for a combined $39 million, the Sun Sentinel reported. The Water’s Edge apartment complex and The Fountains were bought by Aventura-based Acumen Real Estate for $16.75 million and $19.25 million respectively. ARA represented seller Archon Group in the deal. [Sun Sentinel]

Sign Up for the undefined Newsletter