Amancio Ortega’s Ponte Gadea buys 259-unit Fort Lauderdale apartment tower for $165M

Spanish billionaire Amancio Ortega’s Ponte Gadea bought a 259-unit apartment tower in downtown Fort Lauderdale for $165 million, marking one of South Florida’s biggest multifamily sales so far this year.  The Pérez’s family’s Related Group sold the 44-story Veneto Las Olas at 201 South Federal Highway, after completing the tower last year, according to records.  […]This article originally appeared on The Real Deal. Click here to read the full story.