FCA Group (now incorporated to Elandis), the North and Central American real estate investment and property management arm of the Libra Group, has sold 79 residential apartments of ‘Herond Pond’, the multifamily community development in Pembroke Pines, Florida.

Following the advantageous transaction, FCA Group is embarking on a comprehensive investment program to add more properties to its wide portfolio.

“Herond Pond was acquired in 2011 and we worked together with tenants and homeowners to further enhance the living experience through upgrades and improvements to the estate”, said Frank Espinosa, CEO of FCA Group.