Aventura Investor Sells Southwest Florida Apartment for $65.2M

Meyers Group sells the Channelside apartments for a 19% increase after three years.

By Lidia Dinkova | December 05, 2019 at 08:32 AM

Alan Losada, executive vice president and chief operating officer of Meyers Group in Coral Gables. Courtesy photo

Value-add real estate deals are getting more difficult to find, so one Aventura investor got creative.

Meyers Group bought a new multifamily community in Southwest Florida over three years ago for $55 million and sold it after upping rents for $65.2 million.

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