MIAMI—The Boutique, a fully renovated, 43-unitmultifamily property in Miami, has a new owner.Bar Invest Realty scooped up the apartment assetfrom was Boutique at Bayshore LP.
Calum Weaver, who co-chairsCBRE's Private Capital Group, represented theseller in the transaction. The two-storymultifamily property, which is located at 8000N.E. Bayshore Court in Miami, FL., is 100% occupied.
“The property received a significant amount of investor interestdue to the extensive renovations and infill location,” says Weaver,first vice president with CBRE's Private Capital Group. “Strongmarket fundamentals and attractive new debt solutions continue toattract a significant domestic and foreign private capital inMiami-Dade.“
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