Fairfield Residential Buys Portofino Place in Miami

SaleMultifamily & Mixed-useWest Palm Beach / Jupiter / North County

Reported Sep 10, 2026 · Source: YieldPro

Source: YieldProRead the full report at YieldPro ↗

Deal details

Buyer
Fairfield Residential
Seller
Cortland Partners
Price
$208M
Size
812 units
Price per unit
$256,158 per unit (our calculation)
Asset class
Multifamily & Mixed-use
Transaction
Sale
Sub-market
West Palm Beach / Jupiter / North County
Metro
Miami (South Florida)
Reported date
Sep 10, 2026

Summary

Cortland Partners sold the 812 apartments at 4400 and 4600 Portofino Way to Fairfield Residential. The Portofino Place east and west apartment community in West Palm Beach sold for a combined $208 million in two deeds.

Summarized from the article; the quoted lines below are from the article itself.

Source: YieldPro

Read the full report at YieldPro. What the article says:

  • Deal / Price
    The Portofino Place east and west apartment community in West Palm Beach sold for a combined $208 million in two deeds.
  • Deal
    Units in Portofino Place range from 820 to 1,672 square feet and rent from $1,749 to $3,135.
  • Size / Buyer / Seller
    Cortland Partners sold the 812 apartments at 4400 and 4600 Portofino Way to Fairfield Residential.

Article date: 2026-09-13T16:00:35+00:00

Quick answers

Who bought Portofino Place?
Fairfield Residential bought Portofino Place in West Palm Beach / Jupiter / North County, Miami, according to YieldPro.
How much did Portofino Place sell for?
The reported price is $208M, per YieldPro.
How big is Portofino Place?
812 units, as listed from the source.
When was this sale reported?
Reported Sep 10, 2026 by YieldPro.

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Compiled from public sources; details can differ between sources. Always verify with the linked source.