American Landmark Apartments expanded its South Florida multifamily portfolio with the acquisition of a 214-unit apartment community in an unincorporated area between Boynton Beach and Lake Worth Beach. The Tampa-based investment manager purchased Savona Grand at 7132 Colony Club Drive, bringing its South Florida portfolio to four properties and its Florida holdings to 21 communities, according to the company’s news release.  American Landmark did not disclose the purchase price or whether it obtained a mortgage, but records show the seller of the 13-acre, 296,000-square-foot property is two companies tied to Southstar Capital Group of Boca Raton.  Charleston, South Carolina-based Greystar […] This article originally appeared on The Real Deal. Click here to read the full story.