Centennial Management Corp. has acquired Banyan Village East, a 180-unit garden-style condo conversion in Pomano Beach. The Miami Lakes-based investor bought the complex from an undisclosed seller who had owned it since the 1970s. Marcus & Millichap represented the seller and secured the buyer for the transaction. Despite having less than 20 percent occupancy, the community garnered more than 12 all-cash offers in the two weeks it spent on the market.
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