Bell Partners acquires 249-unit apartment community in Florida

Bell Partners has acquired Overlook Pointe, a 249-unit apartment community in Pompano Beach, Fla., on behalf of its Fund VI investors. The property will be renamed Bell Lighthouse Pointe and be managed by Bell.

“Greater Fort Lauderdale is experiencing strong population growth and an expansion of job opportunities, making the area highly attractive to both residents and investors,” said Kary Nordholz, senior vice president of investments at Bell Partners. “The region’s strong economic development is driven by its favorable business and tax climate as well as the high quality of life it offers residents. This growth has led to higher demand for multifamily housing, and Bell Partners continues to identify investment opportunities in this business hub of South Florida.”

The property also has a six-story parking garage