Zom sells luxury Delray apartments to GID partnership for $60M
The Orlando multifamily developer sold the 188-unit Delray Preserve for $321,000 per apartment to IMP Delray LLC, an affiliate of the Boston-based partnership between GID and CalPERS. No financing was recorded. Delray Preserve, at 2001 North Federal Highway, includes eight three-story buildings that were completed in 2016 on about 8.5 acres of land. Zom paid…