Golf Outing Tickets

The Real Deal Miami

Boca multi-family complex sells for $21M

By Alexander Britell | July 08, 2011 04:21PM

The Boca Colony Apartments complex in Boca Raton has been sold to a Bay
Harbor corporation for $21.6 million, according to a warranty deed filed
today in Palm Beach County Circuit Court. The 180-unit,
167,059-square-foot property is located at 6061 Boca Colony Drive in
unincorpoated Boca Raton. Boca Colony Apartments’ holding company is
based in Dallas, and is affiliated with Invesco Real Estate. The buyer
was a company called Boca Colony Acquisition, which was incorporated on
May 20, according to the Florida Division of Corporation. Boca Colony
Acquisition is a company of Howard Cohen of Bay Harbor Islands. Cohen,
an attorney, is the president and CEO of Atlantic and Pacific, a real
estate investment firm. Cohen could not be reached for comment.