Miami Apartment Sale Values Grove Complex at $30 Million
A complex transaction in Miami's Coconut Grove for a 97-unit apartment complex took two years and some creative deal structuring.
January 20, 2015 at 05:59 AM
3 minute read
Dealmakers:Scott Silver
The Deal: Silver arranged the sale of a Miami apartment building on prime Coconut Grove land in a transaction that valued the property at $30 million.
Details: In a real estate market where lightning-quick execution can translate into millions of dollars, patiently chipping away at a deal over many months is not necessarily the most popular way to get a transaction closed.
NOT FOR REPRINT
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Trending Stories
- 1The Law Firm Disrupted: For Big Law Names, Shorter is Sweeter
- 2Wine, Dine and Grind (Through the Weekend): Summer Associates Thirst For Experience in 'Real Matters'
- 3'That's Disappointing': Only 11% of MDL Appointments Went to Attorneys of Color in 2023
- 4What We Know About the Kentucky Judge Killed in His Chambers
- 5'I'm Staying Everything': Texas Bankruptcy Judge Halts Talc Trials Against J&J
Featured Firms
Law Offices of Gary Martin Hays & Associates, P.C.
(470) 294-1674
Law Offices of Mark E. Salomone
(857) 444-6468
Smith & Hassler
(713) 739-1250