New York firm pays $20 million for Vero apartment complex [South Florida]

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New York firm pays $20 million for Vero apartment complex [South Florida]

A New York real estate firm has purchased the Walker Woods apartment complex in Vero Beach for $19.72 million.

Benchmark Properties Management Corp., managed by Clarke Narins, acquired the 29.18-acre property at 2898 71st Circle from Altamonte Springs-based Walker Woods Inc., public records show.

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“It had a certain type of long-term financing that was attractive to us,” Narins said of the purchase.