Waterton Purchases 358-Unit Apartment Community in South Florida for $80.5M

Waterton Acquires 358-Unit Landings at Pembroke Lakes Rental Community in Pembroke Pines Florida

Waterton, a national real estate investor and operator announced it will expand its presence in Florida with the acquisition of The Landings at Pembroke Lakes, a 358-unit garden style apartment community located at 10650 Washington St. in Pembroke Pines, FL. The 27-acre community is built around a 45-acre lake offering green spaces, outdoor amenities and […] The post Waterton Acquires 358-Unit Landings at Pembroke Lakes Rental Community in Pembr…

Waterton Purchases 358-Unit Apartment Community in South Florida for $80.5M

PEMBROKE PINES, FLA. — Waterton has purchased The Landings at Pembroke Lakes, a 358-unit, garden-style apartment community located at 10650 Washington St. in Pembroke Pines, a city in South Florida’s Broward County. The Chicago-based owner-operator plans to invest in light capital improvements to the property’s interiors and common areas, including new equipment on its lakefront beaches. The seller and sales price were not disclosed, but South F…