New Palm Beach County apartment complex sold for $42M


American Landmark acquired the High Ridge Landing apartments in Boynton Beach for $41.9 million.

High Ridge Housing LLC, an affiliate of Palm Beach Gardens-based Eastwind Development, sold the 184-unit apartment complex at 3609 High Ridge Way. It was completed on the 7.7-acre site in 2017.

The price equated to $227,717 per unit.Tampa-based American Landmark said it would spend $500,000 upgrading the property, including improvements to the clubhouse and pool area with a grilling station and new…

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