South Florida Business Journal Advenir has bought the first phase of the Trails, an 84-unit apartment property in Miami, for $18 million, or about $214,286/unit. The Aventura, Fla., multifamily company purchased the property from Prestige Builders of Miami Lakes, Fla. Valley National Bank provided $15.5 million of acquisition financing. The Trails sits on 5.4 acres […]
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