PALM BEACH GARDENS, FLA. — ARA Newmark has brokered the $97.3 million sale of The Fountains at Palm Beach Gardens, a 542-unit apartment community located on North Military Trail in Palm Beach Gardens. Hampton Beebe, Avery Klann, Jonathan Senn, Matt Scarola, Dick Donnellan and Marc deBaptiste of ARA Newmark arranged the transaction on behalf of the seller, Landmark at Garden Square. Advenir LLC acquired the asset. Constructed in 1974, The Fountains includes one- to three-bedroom apartment units averaging 999 square feet. Community amenities include three resort-style pools, dog parks, a fitness center and outdoor green space. At the time of sale, the property was 95 percent occupied.