Here are South Florida’s largest multifamily sales of 2021

Yet, even the largest deal for a single apartment complex this year — the $371 million sale of The Palmer Dadeland — far outpaced 2020’s top single-asset sale of $180 million for the Emera Port Royale complex and adjacent land in Fort Lauderdale. The garden-style development has one- to four-bedroom apartments, with monthly rents ranging from $2,326 to $5,331, according to the community’s website. AIR Communities, a spinoff from real estate investment trust Aimco, bought the City Center on 7th complex in Pembroke Pines for $222.7 million.

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