Two apartment deals in Palm Beach County top $100 million

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Apartments are the hottest corner of the real estate market. Need proof? Consider these two deals:

The 444-door Turtle Cove Apartments west of West Palm Beach just sold for $61.5 million, or $138,500 a unit. The buyer is Turtle Cove Owner of Greenwich, Connecticut.

In the second deal, the 316-unit IMT at the Villages in West Palm Beach fetched $45.7 million, $144,600 per unit. The buyer’s identity isn’t available yet.

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