An apartment community west of Boca Raton just traded hands for $64 million.
Property records show an affiliate of the New York-based investment manager Angelo, Gordon & Co. sold the community, which features at least 338 apartments, according to documents filed in Palm Beach County.
Angelo, Gordon & Co. declined to comment on the sale. Records show the firm paid $43.9 million for the community at 22511 Southwest 66th Avenue in 2014.
The buyer is tied to West Palm Beach-based Priderock Capital Partners. Records show the multifamily asset management and development firm scored $47.2 million in financing from Keybank National Association.
The one-, two- three-bedroom apartment community features a pool, clubhouse, tennis courts and a fitness center.
In April, Priderock paid $56.8 million for an apartment community in Key West.