MIAMI, FL - Denver-based Avanti Residential has acquired Soleste Grand Central, a newly built luxury 360-unit apartment community in downtown Miami. Avanti purchased the Class A multifamily community for $181 million from The Estate Companies, who developed the project in 2021 and achieved 95% occupancy in six months amid ongoing strong demand for high-quality lifestyle apartments in South Florida.
“We continue to see strong fundamentals in several South Florida multifamily markets,.
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