Story thread · 2 reports / 2 sources

Stewards Sets Up $240M Deal for Two South Florida Multifamily Properties

commercialobserver.com · 2hShare

Fort Lauderdale-based Stewards has signed letters of intent to acquire two apartment properties in Broward County, Fla., in a stock transaction valued at $240 million. The Nasdaq-listed financial and real estate company will acquire the 330-unit Pixl apartments in Plantation, and the 214-unit Envy apartments in Pompano Beach. Under the proposed structure, Stewards would acquire […]

First report: Stewards to buy two South Florida properties at $3/share in restricted all-stock deal — seekingalpha.com, 1d