Two Palm Beach County apartment complexes sold to new owners this month with a combined purchase price of nearly $110 million, evidence of a continued demand for rental units in an evolving real estate market.
In Delray Beach, Spring Harbor at the Landings was sold Friday to a California-based company for $69.1 million, according to a deed filed with the Palm Beach County Clerk of Courts. The buyer of the complex south of Linton Blvd. and near South Congress Ave. is Fairfield Spring Harbor, LLC, a subsidiary of Fairfield Residential Company in San Diego.
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Palm Beach Daily News staff writer Darrel Hofheinz contributed to this story.