Miami Beach Office, Retail Building Fetches $31.5Mln
South Florida Business Journal Rivani has purchased the 404 Washington office and retail building in Miami Beach, Fla., for $31.5 million, or $200.95/sf. The local developer bought the 156,752-square-foot property from Dominion Partners LP of Sunny Isles Beach, Fla....
RPM Living Buys 260-Unit D.C. Apartment Building for $110Mln
Washington Business Journal RPM Living has purchased the 260-unit Margarite apartment building in Washington, D.C., for $110 million, or $423,077/unit. The Austin, Texas, multifamily investor bought the property from its developer, Grosvenor of Chicago. The buyer financed its purchase...
3 Flex Buildings in Bethesda, Md., Sold for $28.5Mln
Washington Business Journal ESJ Capital Markets has sold three flex buildings totaling 143,966 square feet in the Washington, D.C., suburb of Silver Spring, Md., for $28.5 million, or $197.96/sf. Transwestern brokered the deal on behalf of the Miami-based seller...
CONAM Group Pays $58Mln for Apartments in Las Vegas
Multi-Housing News CONAM Group has paid $58 million, or $250,000/unit, for the 232-unit Alicante Apartments in Las Vegas. The San Diego investment firm bought the property, at 4370 South Grand Canyon Drive, from Sares Regis Group, which acquired it...
Venture Pays $28Mln for Student Housing Property on Manhattan’s Lower East Side
A venture of Hawkins Way Capital and Varde Partners has paid $28 million, or $622,222/unit, for the 45-unit apartment property at 81 East 3rd St. in Manhattan's East Village neighborhood. The venture bought the 13-story building, constructed in 2003,...
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