Northmarq arranges $4 million sale of land site for multifamily property in Lake Worth, Florida
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 a full-service capital markets resource for commercial real estate investors, offering seamless collaboration with top experts in debt, equity, investment sales, loan servicing, and fund management. The company combines industry-leading capabilities with a flexible structure, enabling its national team of experienced professionals to create innovative solutions for clients. Northmarq's solid foundation and entrepreneurial approach have built an annual transaction volume of more than $39 billion and a loan servicing portfolio of more than $76 billion. Through the 2022 acquisition of Stan Johnson Company and Four Pillars Capital Markets, Northmarq established itself as a provider of opportunities across all major asset classes. For more information, visit: www.northmarq.com.
