The firm acquired the 487-unit Mosaic at Miramar and the 242-unit property Broadway Chapter Apartments in Fort Worth
American Landmark Apartments, one of the fastest-growing multifamily owner-operators in the country, announces it has acquired two apartment communities in Florida and Texas, totaling more than 700 units. The firm purchased Mosaic at Miramar Town Center, a 487-unit community located halfway between Miami and Fort Lauderdale, along with Broadway Chapter Apartments, a 242-unit apartment community located in the Near Southside submarket of Fort Worth, Tex.
“Florida and Texas continue to draw the newest residents from elsewhere in the country, and multifamily fundamentals here remain strong,” said Christine DeFilippis, Chief Investment Officer of American Landmark. “Both of these properties are extremely well located in submarkets where job and population growth are growing rapidly. Miramar has one of South Florida’s largest corporate office markets, while the Near Southside submarket of Fort Worth is the city’s medical district. We are excited to add these properties to our portfolio.”
Built in 2015 and located at 11757 City Hall Promenade in Miramar, Mosaic at Miramar Town Center features one-, two- and three-bedroom apartment or townhome floor plans with condo-like qualities. Individual units feature granite countertops, stainless steel appliances, 9-foot ceilings, spacious closets and in-unit washer and dryer. Amenities include two hotel-inspired beach entry swimming pools, a world-class fitness and yoga studio and more. The property is just minutes from the Florida Turnpike and I-75, and 30-minutes from downtown Miami or Fort Lauderdale.
Built in 2021 and located at 401 Hemphill Street, Broadway Chapter offers studios, lofts and one- and two-bedroom floorplans ranging from 547 to 1,195 square feet. Apartments feature stainless steel appliances, wood-style plank flooring, full-size washer and dryer, walk-in closets with custom shelving, oversized windows, a keyless fab entry system, private balconies and 20-foot ceilings in lofts. This work-friendly community also provides a wide range of amenities, including a resident lounge with a coffee bar, library, Zoom room, fitness center with pelotons, infinity-edge pool with in-pool loungers, sun deck and fire pit.
Along with being situated in Fort Worth’s Southside Medical hub, the property is nestled between I-30 and I-35 and just a five-minute drive to Magnolia Avenue, where residents can find local restaurants, bars and breweries.
