Interface Properties buys 296-unit, Brantley Pines Apartments, in Southwest Florida for $57M ($192,567/unit)

  • 7/3/2024

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Interface Properties has acquired Brantley Pines Apartments, a 296-unit multifamily property in Fort Myers, Fla. Inland Real Estate Group was the previous owner, Yardi Matrix information shows. The asset changed hands for $57 million, according to Business Observer. The buyer also took out a $39.9 million Freddie Mac acquisition loan. Berkadia arranged the fixed-rate, five-year financing that also has Green environmental benefits.

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