Bell Partners has acquired The Cade and The Lumin, two apartment communities in Boca Raton, Fla., on behalf of its Fund VII investors.
The two adjacent properties will be merged into a single community to form Bell at Broken Sound, which will be the eighth community Bell Partners owns in South Florida.
Bell at Broken Sound is situated within the Park at Broken Sound, a 700-acre commercial, residential and hospitality hub. Companies such as ADT and Office Depot maintain their headquarters close to Bell at Broken Sound, and the community is also situated near a cluster of universities and hospitals, such as Florida Atlantic University, Boca Raton Regional Hospital and Delray Medical Center. Both properties that comprise Bell at Broken Sound were built in the past two years: The Lumin in 2018, and The Cade in 2019.
“Boca Raton is not only one of the leading employment centers in South Florida, but also provides Bell at Broken Sound residents access to excel
