Sunday, July 15, 2012

ARA’s South Florida Team Executes Sale of 300-Unit Multifamily Community in Boynton Beach, FL



Boynton Beach, FL  — The Boca Raton office of Atlanta-headquartered ARA, the largest privately held, full-service investment advisory brokerage firm in the nation focusing exclusively on the multihousing industry, recently brokered the sale of 300-unit Ashley Lake Park (top left photo) in Boynton Beach, FL.

 The Boca Raton-based sales team of Senior Vice President Hampton Beebe, Principal, Avery Klann, and Principal Marc deBaptiste represented Chicago-based Capri Capital Partners, LLC in the sale.š

 The community was acquired by Boston, MA-based Robbins Property Associates for $27,100,000.

 For a complete copy of the company’s news release and to schedule an interview with an ARA executive regarding this transaction or for more information about ARA, nationally please contact Lisa Robinson at lrobinson@ARAusa.com, 678.553.9360 or Amy Morris at amorris@ARAusa.com, 678.553.9366; locally, Marti Zenor at mzenor@ARAusa.com or 561.988.8800.šš

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