Palm Beach County’s real estate market is experiencing a robust period with several significant transactions involving apartment complexes and land. Investors are actively acquiring multifamily properties, signaling strong confidence in the region’s rental market. These deals highlight the continued demand for housing and commercial spaces in this desirable South Florida locale.
Key Takeaways
- Greystar and Artemis Real Estate Partners acquired the Everleigh Palm Beach Gardens senior housing community for $69 million.
- IMT Capital purchased the Seabourn Apartments in Boynton Beach for $183 million.
- Multiple other apartment complexes and industrial properties were sold across the county.
Major Apartment Complex Sales
Greystar, in partnership with Artemis Real Estate Partners, has expanded its portfolio by acquiring the 220-unit Everleigh Palm Beach Gardens, a senior housing community, for $69 million. This age-restricted complex, built in 2021, features one- and two-bedroom units with rents ranging from $2,764 to $6,910 per month. Amenities include a pool, pickleball courts, and a community dining room.
In another substantial transaction, IMT Capital acquired the Seabourn Apartments, a 456-unit townhome and apartment community in Boynton Beach, for $183 million. This property, built in 2012, offers one-, two-, and three-bedroom units with average rents between $2,140 and $3,380 per month.
Additionally, Ortsac Capital Group purchased the Ventura Pointe Apartments, a 206-unit complex in Pembroke Pines, for $52 million. Built in 2018, this property includes one- to three-bedroom units with rents starting at $2,251 per month.
Industrial and Commercial Property Transactions
Beyond residential properties, the industrial sector also saw activity. An entity tracing to Jacob Goldman of SBDC Management acquired three industrial flex buildings in Fort Lauderdale for $21 million. These buildings, totaling 101,000 square feet, were built in 1975.
Senior Living and Retail Investments
The senior living sector also experienced significant investment. Royal Senior Care sold the Barclay at Parksquare, a 141-unit senior living facility in Aventura, to Welltower for $47 million. This 10-story building was constructed in 2018.
In the retail and office space, Limestone Asset Management and Orion Real Estate Group sold the Pinecrest Town Center for $42 million. This 228,000-square-foot property, built in 1985, is 90% occupied and includes tenants such as Sage Dental and Coldwell Banker.
Sources
- Greystar, Artemis Buy Palm Beach Senior Apartment Complex: The South Florida Deal Sheet (December 8, 2025), Bisnow.
- Sina Companies and United Group of Companies sell Everleigh Palm Beach Gardens senior apartments to Artemis
Real Estate Partners and Greystar, The Business Journals. - Dermot Company sells Seabourn Apartments in Boynton Beach to IMT Capital, The Business Journals.
- Advenir sells Turnbury at Palm Beach Gardens apartments to West Shore, The Business Journals.
- Genet Property Group sells Mangonia Park warehouses to LRC Properties, The Business Journals.