BC Exchange The Palms DST (The Palms) is a newly renovated, 95% occupied, 340-unit garden-style apartment community located in Fort Lauderdale’s top multifamily submarket, Davie, FL. We believe this unique property is well-positioned to benefit from the demographic trends and population growth in the area. The 335,668 SF apartment community has direct access to I-595, offering convenient accessibility to South Florida’s major business and retail hubs.
The Palms is situated on a 39-acre lakefront site, offering attractive water views in a very low-density suburban setting (9 units/acre). Though originally built in 1998, the apartment community was recently renovated and features upgraded unit interiors and common area amenities. As a result, we believe The Palms appeals to a broad renter-base as it offers a high-quality housing option at an attractive discount to some of the submarket’s newly constructed communities.
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Delaware Statutory Trust
Black Creek Exchange
The Palms DST