[New post] Miami’s Emerald Palms Apartments Sold for $107Mln

Dan Moynihan posted: "South Florida Business Journal An affiliate of Milestone Properties has paid $107 million, or about $211,881/unit, for the Emerald Palms Apartments, a 505-unit property in Miami. The Dallas company bought the garden-style complex from Grand Peak Proper" New post on Commercial Real Estate Direct Miami's Emerald Palms Apartments Sold for $107Mln by Dan Moynihan South Florida Business Journal An affiliate of Milestone Properties has paid $107 million, or about $211,881/unit, for the Emerald Palms Apartments, a 505-unit property in Miami. The Dallas company bought the garden-style complex from Grand Peak Properties of Denver, which had acquired it five years ago for $122.7 million. The buyer assumed a $70.15 million […] Read more of this post Dan Moynihan | August 30, 2021 at 5:07 pm | Categories: General News, Southeast | URL: https://wp.me/pcdE10-2ivm Unsubscribe to no longer receive posts from Commercial Real Estate Direct. Change your email settings at Manage Subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://crenews.com/2021/08/30/miamis-emerald-palms-apartments-sold-for-107mln/