Maxx adds to South Florida holdings with $70M Plantation multifamily buy

Bell Partners sold a 250-unit multifamily complex in Plantation for $70 million, marking a 4.1 percent gain from its purchase price six years ago.  Greensboro, North Carolina-based Bell Partners sold The Ellery, at 6901 West Sunrise Boulevard, to New York-based Maxx Properties for $280,000 per apartment, according to records and real estate database Vizzda.  The deal marked at least the second major South Florida multifamily purchase by Maxx Properties since 2024. The firm financed The Ellery deal with a $55.1 million Fannie Mae loan.  Completed in 2017, The Ellery consists of three three-story buildings and three five-story buildings on an […]This article originally appeared on The Real Deal. Click here to read the full story.