Randy North, left, and SofiaSagastegui,right, of Capital Commercial Real Estate Group Inc.Courtesy photos
With a booming Miami-Dade County multifamily market, it's beenrare to see large transactions because owners prefer to keep therising income stream.
Yet Capital Commercial Real Estate Group Inc. brokerRandy North and associate and agent Sofia Sagastegui, bothbased in Davie, closed the $23.3 million sale of the Silver BlueLake apartment complex west of Interstate 95 at 1401 NW103rd St.
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Newcastle Invest LLC, an affiliate of Coral Springs-based KVRProperties, bought the three-story, 239-unitcomplex on 7.6 acres from 103 Silver Blue Lake ApartmentsLLC, according to North and Sagastegui. Thetransaction closed April 12 at $97,490 per unit.
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Lidia Dinkova
Lidia Dinkova covers South Florida real estate for the Daily Business Review. Contact her at [email protected] or 305-347-6665. On Twitter @LidiaDinkova.
