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Bowery Properties Buys 264-Unit Apartment Complex in Miami for $65.5Mln
South Florida Business Journal Bowery Properties has bought Cascades at the Hammocks, a 264‑unit apartment property in Miami, for $65.5 million, or $248,106/unit. The local investor purchased the three-story complex from an affiliate of Grand Peaks Properties of Denver, which ...
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Commercial Real Estate Direct is the only source -- in print or otherwise -- that keeps close tabs on the entire real estate capital markets industry. It provides up-to-date market intelligence on the mortgage business, equity raising, investment sales and CMBS.
