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FORT LAUDERDALE, FL - Bell Partners Inc., one of the nation s leading apartment investment and management companies, has acquired Satori Apartments, a 279-unit apartment community located in Fort Lauderdale, Fla. The property, acquired on behalf of the firm s Fund VII investors, will be renamed Bell Sunrise.
Built in 2010, Bell Sunrise is located within two miles of the Atlantic Ocean and offers residents convenient access to work and leisure. The employment corridor connecting downtown Fort Lauderdale, Cypress Creek, Sunrise, Plantation, Hollywood, Miramar and Boca Raton supports over 46,000 jobs at major employers including American Express, Motorola Solutions and Fox Sports. For time outside of work, Bell Sunrise is situated across the street from Holiday Park, which has tennis and basketball courts, a dog park, pickleball courts, a playground and a recreation center. The community is also close to a cluster of local boutiques, restaurants, fine arts, recreation and en
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Bell Partners buys Fort Lauderdale apartments for $100M
279-unit Satori Apartments to be rebranded to Bell Sunrise Miami /
Bell Partner’s Jon Bell and Greystar’s Bob Faith with the Satori Apartments. (Greystar, Bell Partners)
Bell Partners bought a 279-unit Fort Lauderdale multifamily complex for $99.5 million.
The Greensboro, North Carolina-based multifamily investor and manager bought the Satori Apartments at 1015, 1111 and 1201 East Sunrise Boulevard from Greystar, according to a deed. The deal equates $356,631 per unit.