Cushman & Wakefield, as exclusive advisor, is pleased to present a core-plus investment opportunity to acquire Advenir at Biscayne Shores, a 240-unit garden community in North Miami Beach, Florida. The property is one of only two garden assets that has been built since 2010 that is located east of I-95 in Miami-Dade County. Originally built in 2014, ownership has been in the midst of in-unit upgrades – adding quartz countertops, stainless-steel appliances, hard-surface flooring, and tile backsplashes. There is considerable upside to complete the renovations across all units. As a newly-built property it represents unique garden-style living as opposed to the other mid-rise and high-rises built in the area during the current development cycle. The property is located just off of Biscayne Boulevard, and is minutes from the major employment hubs of Downtown Miami and Aventura with over 23.6 million square feet of office space.
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Advenir at Biscayne Shores
240 Units
12016 NE 16th Avenue
Miami, FL  33161
Type:  Multifamily
Closed: 4/27/2023
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Advenir at Broadwater
408 Units
6677 Tanglewood Bay Drive
Orlando, FL  32821
Type:  Multifamily
Closed: 6/29/2017
Sold
Aliro
869 Units
14000 Biscayne Boulevard
North Miami Beach, FL  33181
Type:  Multifamily
Cushman & Wakefield, as exclusive marketing advisor, is pleased to present the opportunity to acquire the Aliro Apartments (the “Property”) - an 869-unit value-add multifamily development located in North Miami, Florida. The Property is located along Biscayne Boulevard across from the $4 billion Sole Mia mixed-use development project. The Property’s central, east of I-95, Miami-Dade location is at the center of regional long-term growth. Aliro’s location is highly desirable to prospective residents due to its connectivity to major employment centers, education and medical hubs, and points of interest including numerous parks, malls, and beaches of the Atlantic Ocean.

Aliro offers a tremendous value-add investment opportunity because of its economies of scale, proven performance, and upside. Ownership has spent millions in recent capital improvements and has completed 338 in-unit renovations leaving 531 classic units available to be renovated by future ownership.

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Aliro
869 Units
14000 Biscayne Boulevard
North Miami Beach, FL  33181
Type:  Multifamily
Closed: 10/1/2020

Cushman & Wakefield, as exclusive advisor, is pleased to present an urban infill investment opportunity to acquire Altis Boca – South Florida’s premier 398-apartment home asset located in Boca Raton, Florida. The property is comprised in a 6-story midrise design with a combined average unit size of 1,005 square feet. Altis Boca is walkable to Park Place Shopping retail center anchored by a Fresh Market and six restaurants, ranging from fast casual to white tablecloth. The property is also located in Palm Beach County largest office market and is adjacent to the 625,000 square foot Office Depot world headquarters; making it one of South Florida’s most dynamic live and work environments. Developed by nationally recognized Altman Companies, Altis Boca Raton represents the rare opportunity to acquire one of the best apartment home communities in the Southeast United States within the highly coveted location of Boca Raton.

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Altis Boca Raton
398 Units
5500 North Military Trail
Boca Raton, FL  33496
Closed: 12/3/2020

Cushman & Wakefield, as exclusive advisor, is pleased to present the opportunity to acquire Altis Bonterra, a brand new, stabilized apartment home community located in greater Miami. The property has 314 residences in three-story buildings, all with private entrances and direct access garages to 35% of the apartment homes. Conveniently located with immediate access to I-75 and the recently completed infrastructure project connecting I-75 and the Florida Turnpike, residents can access the major employment markets within both Broward and Miami-Dade Counties. Additionally, two miles north, the $4 billion, 6.2M-square-foot American Dream Mall is approved and will be a catalyst for the area. Altis Bonterra is considered one of the highest quality suburban multifamily assets within Miami. The property boasts an established demographic with an average age of 37 and average household income exceeding $100,000. Altis Bonterra is being offered to the market for the first time by its nationally-recognized developer, The Altman Companies.

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Altis Bonterra
314 Units
3545 West 98th Street
Hialeah, FL  33018
Type:  Multifamily
Closed: 8/15/2019
Cushman and Wakefield, as exclusive advisor, is pleased to present the opportunity to acquire the recently completed Altis Miramar (320 apartment homes) and Altra Miramar (330 apartment homes). Both properties represent the newest resident experience in Miramar and feature thoughtfully crafted unit layouts with finish levels and amenities that set the market standard for best-in-class living. They are also walkable to a brand new 57,000 square foot retail center featuring, Starbucks, Five Guys, World of Beer and Pediatric Associates.

Altis Miramar features a 3-story design with direct access units and attached garages in 56% of the units while Altra Miramar is a 5-story design with 75 tuck under garages. Both assets feature a mix of one, two and three-bedroom residences with an average unit size of 1,059 square feet at Altis Miramar and 951 square feet at Altra Miramar.

The properties are located directly across the street from Miramar Park of Commerce which features over 5 million square feet of office. They are less than two minutes from the Florida Turnpike providing an easy commute to the surrounding employment nodes of Miami, Doral, Ft. Lauderdale, Plantation and Sawgrass Corporate Office Park. Altis Miramar and Altra Miramar are being offered to the market for the first time by it developer, nationally recognized Altman Companies.

THE PROPERTIES CAN BE PURCHASED INDIVIDUALLY OR TOGETHER.
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Altis Miramar & Altra Miramar (2 properties, 650 units)
Altis Miramar
320 Units
11385 SW 30th Court
Miramar, FL  33025
Closed: 7/29/2022
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Amaray Las Olas
254 Units
215 SE 8th Avenue
Fort Lauderdale, FL  33301
Type:  Multifamily
Closed: 6/6/2017

Cushman & Wakefield, as exclusive advisor, is pleased to present Ancora, a 289-unit Class A apartment community located in Orlando, Florida (the "Property"). Completed in 2018, the Property is situated on 16.5 acres in the core of Orlando’s tourist corridor.

Ancora features two four-story residential buildings with first and second-floor common areas. The average unit size of the apartment homes is 969 s.f. across one, two, and three-bedroom floor plans. The Property features best-in-class amenities including a 24-hour two-story fitness center with yoga studio, Fitness-On-Demand, and boxing zone, infinity pool with summer kitchen and cabanas, resident game room with billiards and virtual golf simulator, theater room, business center, kid’s room, dog wash and spa, electric car charging stations, and package concierge among other community offerings.

The Property is located along iconic International Drive, offering residents immediate access to an unmatched set of shopping and dining attractions, first-class resorts, theme parks, and golf courses. Additionally, the Property is well-positioned within the Tourist Corridor Office Submarket, home to more than 9.8 m.s.f of office space, and in close proximity to Interstate-4, providing direct access to a wide range of employment hubs throughout the Orlando Metro Area.

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Ancora
289 Units
10107 Ancora Circle
Orlando, FL  32821
Type:  Multifamily
Closed: 7/1/2022
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Archstone Portfolio - Archstone Woodbine
408 Units
9000 Woodbine Trail
Palm Beach Gardens, FL  33418
Type:  Multifamily
Closed: 9/1/2003
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Archstone Portfolio - Park Place at Turtle Run
350 Units
3600 Terrapin Lane
Coral Springs, FL  33067
Type:  Multifamily
Closed: 9/1/2003
Offers Due March 12th by 4pm
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Arden Villas Apartments
336 Units
3303 Arden Villas Blvd
Orlando, FL  32817
Closed: 6/17/2014
Cushman and Wakefield, as exclusive advisor, is pleased to present the opportunity to acquire the recently completed Altis Miramar (320 apartment homes) and Altra Miramar (330 apartment homes). Both properties represent the newest resident experience in Miramar and feature thoughtfully crafted unit layouts with finish levels and amenities that set the market standard for best-in-class living. They are also walkable to a brand new 57,000 square foot retail center featuring, Starbucks, Five Guys, World of Beer and Pediatric Associates.

Altis Miramar features a 3-story design with direct access units and attached garages in 56% of the units while Altra Miramar is a 5-story design with 75 tuck under garages. Both assets feature a mix of one, two and three-bedroom residences with an average unit size of 1,059 square feet at Altis Miramar and 951 square feet at Altra Miramar.

The properties are located directly across the street from Miramar Park of Commerce which features over 5 million square feet of office. They are less than two minutes from the Florida Turnpike providing an easy commute to the surrounding employment nodes of Miami, Doral, Ft. Lauderdale, Plantation and Sawgrass Corporate Office Park. Altis Miramar and Altra Miramar are being offered to the market for the first time by it developer, nationally recognized Altman Companies.

THE PROPERTIES CAN BE PURCHASED INDIVIDUALLY OR TOGETHER.
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Altis Miramar & Altra Miramar (2 properties, 650 units)
Avalon Miramar Park Place
330 Units
2750 SW 113 Lane
Miramar, FL  33025
Closed: 7/29/2022

Cushman & Wakefield, as exclusive advisor, is please to present the opportunity to acquire Avana Cypress Creek, a 220 unit multifamily asset located in Broward County. The property was delivered in 2009 at the start of the current development cycle. The property represents a first generation value-add opportunity with a continuation of a light renovation program enhancing unit interiors. Current ownership has started renovating the units and is achieving average premiums of $70. With well-designed floorplans and direct-access garages in 36% of the units, Avana Cypress Creek is poised to better compete with the newer assets which were recently delivered in the market. The current upgrades include vinyl-plank flooring, backsplash, Nest thermostats and other in-unit upgrades. The property is located adjacent to Florida’s Turnpike, providing excellent exposure and connectivity to South Florida’s largest employment centers of Cypress Creek, Sunrise, Plantation and Boca Raton.

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Avana Cypress Creek
220 Units
1700 S State Rd 7
North Lauderdale, FL  33068
Type:  Multifamily
Closed: 5/8/2019
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Avenu Heights
15 Units
751 NW 1st Street
Miami, FL  33128
Closed: 1/6/2022
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Bell Parkland
396 Units
5851 Holmberg Road
Parkland, FL  33067
Type:  Multifamily
Closed: 12/8/2022
Cushman & Wakefield, as exclusive advisor, is pleased to present a value-add investment opportunity to acquire the 340-unit Blue Isle, located in Coconut Creek Florida. The property features a mid of one- and two-bedroom units spread across 21+ acres for a low-density site plan of only 16 units per acre. Over the past 10 years, Blue Isles has received an infusion of capital invested into the property including the full renovation of 21 units. With only 9% of the units renovated, the property is perfectly positioned to implement a significant renovation program on the remaining units and increase rents with premiums in excess of $300 per month.

Located in Central Broward, Blue Isle is uniquely positions with access to most of South Florida’s top employment markets. Residents are only minutes away from Florida’s Turnpike and I-95, providing quick commutes to major employment markets such as Boca Raton (17.7M SF), Cypress Creek (8.2M SF), Sunrise/Plantation (12.7M SF) and the Fort Lauderdale CBD (10.1M SF).
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Blue Isle
340 Units
5100 West Sample Road
Coconut Creek, FL  33073
Closed: 10/6/2022
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Blue Seas Apartments/Ridgewood
160 Units
8500 NW 8th Street
Miami, FL  33126
Type:  Multifamily
Closed: 11/1/2001

Cushman & Wakefield, as exclusive advisor, is pleased to present the opportunity to acquire BLUME (the “Property”) – a boutique, Class-AAA, 100-apartment high-rise community located adjacent to downtown Coral Gables and its famed Miracle Mile. Developed in 2019 and owned by 37 Gables Property LLC, an affiliate of Greystone, the Property has large floorplans - almost 900 square feet - with a mix of lofts, one-, and two-bedroom units, along with 6,191 square feet of ground floor retail.

The Property provides an exceptional location with proximity to jobs, dining, and nightlife within downtown Coral Gables. Within a one-mile radius of the Property there is 8.9 million square feet of office space. Blume is offering is a generational opportunity to acquire a new construction, Miami-Dade luxury high-rise apartment community with a unique boutique feel, only moments from the center of its most affluent and economically robust city.

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Blume Coral Gables
100 Units
1501 SW 37th Avenue
Miami, FL  33145
Closed: 10/10/2022
Cushman & Wakefield, as exclusive marketing advisor, is pleased to present this rare development opportunity in Miami’s coveted Brickell submarket. Ideally positioned along Brickell’s primary ingress/egress route from Interstate 95, this property offers intense, mixed-use zoning, incredible walkability and immediate access to mass transit.
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Brickell Starlite Site
0.99 Acres
128 SW 7th Street
Miami, FL  33130
Type:  Land
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Bridgeside Place
246 Units
3020 NE 32nd Ave
Fort Lauderdale, FL  33308
Type:  Multifamily
Closed: 3/1/2004
Cushman & Wakefield, as exclusive advisor, is pleased to present Broadstone Harbor Beach – a waterfront, midrise apartment community with 394-units in Fort Lauderdale, Florida. Situated in the heart of the world’s largest yacht mecca, every detail was carefully selected at Broadstone Harbor Beach resulting in the merger of inspirational waterfront living and architecture. The property is being offered for the first time by its developer, Alliance Residential and represents one of only seven waterfront communities in the county.
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Broadstone Harbor Beach
394 Units
1721 SE 17th Street
Fort Lauderdale, FL  33316
Closed: 3/20/2019

Cushman & Wakefield, as exclusive advisor, is pleased to present the extraordinary opportunity to acquire Broadstone Oceanside (the “Property”) – an iconic 8-story midrise located on Pompano Beach’s A1A and overlooking the Atlantic Ocean and Intracoastal Waterway. Developed by Alliance Residential, the irreplaceable asset opened in October 2019 and is comprised of 211 luxury apartment homes. The Property was meticulously designed to provide residents elegant unit features and resort-style amenity space, while also having direct access to the beach.

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Broadstone Oceanside
211 Units
1333 S Ocean Boulevard
Pompano Beach, FL  33062
Closed: 12/10/2020

Cushman & Wakefield, as exclusive advisor, is pleased to present the investment opportunity to acquire Broadstone Plantation – a premier 250-apartment home asset located in Plantation, Florida. The property is comprised of a mix of five-story midrise buildings and three-story garden buildings with a combined average unit size of 989 square feet.

Broadstone Plantation is centrally located in Plantation and provides access to over 2.9 million square feet of office making it one of South Florida’s most dynamic live and work environments. The property opened in August 2017 and represents the newest era of garden apartments while setting the standard for luxury apartment living with market leading finishes, amenities and accessibility.

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Broadstone Plantation
250 Units
6901 W Sunrise Boulevard
Plantation, FL  33313
Closed: 11/13/2018