A Greensboro, N.C.-based investment and apartment management company made its second real estate acquisition in Broward County, and executives say the group plans other South Florida purchases this year.
Acting on behalf of investors, Bell Partners Inc. completed the $56 million acquisition of Hillsboro Bay Club, a 15-year-old lakeside development with 366 apartments, fitness center, community theater, clubhouse, Internet cafe, tennis court, business center, walking trails and resort-style pool with sun deck.
