Miramar Apartment Sale Generates $82 Million
Another top-dollar South Florida apartment complex has traded. This time, the Miramar Park Apartments went for more than $273,000 per unit.
July 18, 2017 at 05:36 AM
3 minute read
A Miramar apartment complex traded for $82 million on the heels of a busy second quarter for South Florida's multifamily sector.
A company linked to Eaton Vance Management's real estate investment arm purchased the 300-unit Miramar Park Apartments from Chicago-based AMLI Residential. The trade, which closed Friday, breaks down to $273,300 per unit.
The Boston-based buyer is a subsidiary of Eaton Vance Corp., one of the oldest investment management firms in the U.S.
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