Northmarq arranges $4 million sale of land site for multifamily property in Lake Worth, Florida
Multifamily Land Site
FORT LAUDERDALE, FLORIDA (December 29, 2021) – Chris Conklin of Northmarq’s South Florida Investment Sales team arranged the $4,000,000 sale of a 9.2-acre land site in the Wellington submarket of Palm Beach County to Ansca Homes. The subject property, currently known as Brentwood of Wellington, is located at 10141 Carlyle Village Drive in Lake Worth, Florida, and is currently going through a rezone where it should be able to accommodate between 75-100 townhomes or single-family homes of build-for-rent product.
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Northmarq is one of the largest privately held commercial real estate firms in the United States, combining a nationwide presence with deep local expertise. With more than 50 offices across the country, we provide a full suite of debt, equity, investment sales, loan servicing and fund management solutions for a comprehensive range of property types. Our unique structure allows us to connect clients with the best opportunities, yet be nimble enough to ensure access to every expert across our company. The firm manages a loan servicing portfolio of over $78 billion and has completed $69.5 billion in transactions over the past three years. At Northmarq, collaboration fuels results, helping clients achieve success in every market, nationwide. For more information, visit www.northmarq.com.
