When was this published?

This article was first published on July 23, 2026 by The Real Deal and curated for The Miami readers.

Who reported this story?

This story was reported by Eman Elshahawy at The Real Deal.

Where can I find related coverage?

See more arts coverage from The Miami, or browse our daily briefing and topic hubs.

arts

American Landmark expands South Florida apartment portfolio with Palm Beach County acquisition

Summary by The Miami Editorial Desk · Based on reporting by Eman Elshahawy, The Real Deal · July 23, 2026 · 1 min read

American Landmark Apartments expanded its South Florida multifamily portfolio with the acquisition of a 214-unit apartment community in an unincorporated area between Boynton Beach and Lake Worth Beach. The Tampa-based investment manager purchased Savona Grand at 7132 Colony Club Drive, bringing its

Why this matters in The Miami

The expansion of American Landmark Apartments into Palm Beach County reflects the ongoing demand for multifamily housing in South Florida. As the region's population continues to grow, driven in part by its status as a hub for Latin American and Caribbean communities, the need for affordable and quality housing options becomes increasingly pressing. Miami-Dade County, with its own set of housing challenges, can look to neighboring counties like Palm Beach for insights into managing growth and development. The fact that American Landmark has brought its South Florida portfolio to four properties suggests that investors are confident in the region's long-term prospects, despite concerns about sea-level rise and flooding risks that could impact the area's housing market. As American Landmark and other investment managers continue to acquire and develop properties in South Florida, it will be worth watching how they balance the need for growth with the need for resilient and sustainable housing solutions.

About this story

Original reporting by The Real Deal. The Miami surfaces reporting from trusted publishers and adds local editorial context so readers can quickly understand what a story means for their community. We attribute every source, link to the original report, and follow a documented editorial standards policy. To understand how stories are selected and reviewed, read our about page.

For the complete original report, visit The Real Deal. Have a tip or correction? Contact our newsroom.

Category: arts · Published: July 23, 2026 · Source: The Real Deal · Reading time: 1 min

Summary created by	The Miami Editorial Desk — automated, rule-governed
Original reporting	Eman Elshahawy, The Real Deal
Original story	Read at the source
Source published	Jul 23, 2026
AI assistance	Automated summary drawn from the source’s own published text
Prepublication human review	No — editorial rules, flagged-item review, and published samples

American Landmark expands South Florida apartment portfolio with Palm Beach County acquisition

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