Source: The Business Journals

Waterford Park: TH Real Estate sells Broward apartments for $43M

TH Real Estate sold the Waterford Park Apartments in Lauderhill for $42.6 million. Waterford Park Apartments LLC, an affiliate of New York-based investment giant TH Real Estate, sold the 272 apartments at 7505 N.W. 44th Street to Waterford Park Apartment Homes, managed by Labe Twerski and Mordechai Scharpira of apartment ownership group Daejan Florida. Capital One Multifamily Finance provided a 10-year, $30.2 million mortgage with Fannie Mae backing to the buyer. The price equated to $156.618 per...

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Est. Annual Revenue
$25-100M
Est. Employees
100-250
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