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Stockbridge Snags $120M FL Community

May 14, 2018

Stockbridge Capital Group has acquired The Quaye at Wellington, a luxury garden-style community in Wellington, Fla. The firm purchased the 350-unit apartment and townhome property from HG Management for $120 million, making it one of the highest per-unit sales for a garden-style community in Florida. This sale outranks the company’s $118 million sale of Quaye at Palm Beach Gardens, a 340-unit community that was purchased by PGIM Real Estate last July.

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