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$SWRD announced this morning that it has officially completed the $90 million acquisition of Envy Pompano Beach, a 214-unit Class A multifamily property in South Florida. A few things stood out to me: • $90M purchase price • 214 residential units + 26-slip marina + retail space • Currently 89.3% occupied / 93% leased • About $5.3M trailing 12-month revenue • Current NOI around $1.7M • Management is targeting $4.2M+ NOI at stabilization • Target occupancy is approximately 95% The …
— ORIGINAL POST ·
$SWRD News $90 million acquisition of Envy Pompano Beach
· r/pennystocks
· Sep 24, 2026