Waterton buys for $81M, NADG scores $121M loan amid Palm Beach-area apartment shortage

Waterton buys for $81M, NADG scores $121M loan amid Palm Beach-area apartment shortage
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Investors snapped up an $81 million Broward County apartment complex, while developers secured a $121 million construction loan for a Palm Beach County project this week. David Schwartz’s Waterton Residential dropped $80.5 million on a 358-unit apartment complex in Pembroke Pines. The deal worked ou