Episode Details

American Landmark just added a major South Florida foothold with the acquisition of Savona Grand, a 214-unit apartment complex in Palm Beach County, marking their fourth property in the area and bringing their Florida portfolio to 21 communities. Priced at over $47 million in 2019, the 2003-built complex offers one- to three-bedroom units and top amenities, perfectly positioned near highways and employers amid a booming, underserved market. With plans for upgrades and a Sun Belt footprint of over 36,000 units valued at $7 billion, this move underscores their confidence in South Florida’s rental market fueled by population growth and limited new construction.

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