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TA Realty Pays $105M for Wellington Rental Community

JPMorgan Investment Management sold The Polo Lakes Apartments in Wellington for more than twice what it paid. The South Florida Business Journal reports JP Morgan paid $47.75 million for the property in 2002. TA Realty paid $105.45 million for the same 366-unit rental community in 2026. Totaling 520,918 square feet, Polo Lakes was built on ...
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