Latest Breaking News On - Sentinel real estate corporation - Page 8 : comparemela.com
WHO'S NEWS: Latest appointments & promotions | Real Estate Weekly
rew-online.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from rew-online.com Daily Mail and Mail on Sunday newspapers.
Tampa office building, home to MetLife, sells for $43 million
tampabay.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tampabay.com Daily Mail and Mail on Sunday newspapers.
Sentinel Real Estate Corporation announced the $96.57 million acquisition of a 452-unit multifamily portfolio in Miami, Florida.
The portfolio comprises a total of 30 individual properties – 25 of which are located in the heart of South Beach, with the other five located in the coveted submarket of Bay Harbor in North Miami Beach.
The acquisition marks the trade of the largest portfolio of rental apartments to be offered in the region. Cushman & Wakefield represented the seller, Boardwalk Properties, in the transaction.
Image via Sentinel Real Estate Corporation
Located between 7th and 16th Streets, the South Beach properties are within walking distance to some of the most sought-after attractions in South Beach, including Lincoln Road, Ocean Drive, Collins and Washington Avenues, and the Miami Beach Convention Center. The historically protected neighborhood has a significantly constrained rental market, due to the high conversion rate of apartment buildings to condominiums.