GDF Properties scooped up a 29-building Broward County multifamily portfolio for $17.3 million.
Records show Miami-based GDF Properties, through affiliate Broward Multifamily, bought the small apartment buildings totaling 189 units in two $8.6 million deals. The portfolio spans Hallandale Beach, Dania Beach, Hollywood and Fort Lauderdale.
The Iver A. Tinglof Trust and the Joyce M. Tinglof Trust, both through successor trustee John Van Tunglof Sr., sold the portfolio to GDF Properties in off-market deals. Each trust sold about an equal portion of the properties, records show.