The Sutton Brings 432 Apartments to Palm Beach Gardens
Kolter Group and Boston private equity firm Rockpoint are building a Class A rental community on a site that has been vacant for nearly 20 years. Institutional capital is betting that northern Palm Beach County needs more apartments.
- The Sutton is a 432-unit, five-story apartment community planned for Palm Beach Gardens.
- Kolter Group and Rockpoint formed a joint venture with a $107.8 million construction loan from PNC Bank.
- The project includes 54 workforce housing units and is expected to deliver in 2028.
Delray Beach-based Kolter Group is back in our coverage for the second time this month. This time, they have partnered with Rockpoint, a Boston private equity firm, to build The Sutton in Palm Beach Gardens. According to Rockpoint's…
176 Views, 0 Comments
