Bar Invest buys West Palm Beach apartments for $56M with plans to raise rents

Miami-based Bar Invest Group bought the Visions at Willow Pond apartments near West Palm Beach for $56.2 million. Sand Stone Lane LLC, an affiliate of New York-based Axonic Properties, sold the 300 apartments at 4860 Sandstone Lane. BankUnited provided a $36 million loan to the buyer. Newmark Knight Frank’s Tal Frydman, Avery Klann, Hampton Beebe, […]