Adivision of The Related Group on Tuesday completed an $87 million sale of Town at Pembroke Pines, a 356-unit apartment complex at 10700 City Center Blvd.
Rockpoint Group, a Boston-based private equity firm, bought the complex from Related Development LLC.
Town at Pembroke Pines opened in 2016 with six residential buildings. Monthly rents for the one-, two- and three-bedroom units range from $1,500 to $2,500.
Amenities include a private movie theater, a boxing ring, demonstration kitchen, dog playground and volleyball, tennis and racquetball courts.