JUPITER, FL - TGM Associates announced the sale of TGM Vintage at Abacoa, located in Jupiter, FL. The broker on the transaction was Holiday Fenoglio Fowler (HFF), Jaret Turkell and Maurice Habif. TGM Vintage at Abacoa is located in the Abacoa Planned Community and has 390 apartments. TGM purchased Vintage at Abacoa in 2007. Terms of the transaction were not disclosed.
TGM Vintage at Abacoa Apartments is an upscale, resort-style community with well-appointed design features, extraordinary amenities, lush landscaping, and charming Spanish-tiled roofs all within the premier Abacoa neighborhood.
Founded in 1991, TGM Associates is a SEC registered investment advisory firm with a single focus -- multifamily properties. TGM, a vertically integrated operating company, specializes in acquisitions, property management, leasing, construction, property maintenance and dispositions.
TGM provides investment advisory services regarding the acquisition, management and sale of multifamily properties throughout the United States. An affiliate of TGM provides property management under the brand TGM Communities. As of March 31, 2015, TGM has approximately $2.3 billion in 125 multifamily properties throughout 28 states. TGM's current multifamily portfolio contains properties in 12 states.
Source: TGM Associates / #Apartments #Multifamily