The Brampton
Taillard Capital purchased The Brampton, a 352 unit apartment community offering one-to-three bedroom units in Lauderhill, Florida from Atlantic Housing Foundation, Inc., a 501 (c)3 non-profit organization. We purchased The Brampton, a distressed asset with less than 10% occupancy rate, for $6.5 million
Our firm spent one year invigorating the asset, managing approximately $5 million of extensive renovation in all four buildings. We re-positioned and re-marketed the property, increasing occupancy to over 90%. Today, the property, renamed Summit Palms, is valued between $25 - $27 million.
