The gated 79-unit Altis at Coconut Creek complex sells for $782,000 per unit.
January 26, 2015 at 02:00 PM
1 minute read
An affiliate of Farmers Insurance paid about $61.77 million for a Class A apartment complex in Coconut Creek.
Mid-Century Insurance Company LLC, a Farmers company, used a limited liability company to scoop up the complex at 5401 Wiles Road. Its 5401 Wiles Road LLC struck the deal with Altis at Coconut Creek LLC, an affiliate of Altman Cos., a luxury apartment and condominium developer based in Boca Raton.
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