Bell Partners pays $121.3M ($347K/unit) for Blackstone affiliate, LivCor’s 349-unit Miramar, FL asset, Horizon at Miramar

  • 11/27/2024

|

Connect CRE
• Tag:
• Additional Filters-Subcategory: ,
• Additional Filters-Tags: ,

The LivCor multifamily division of Blackstone sold the 349-unit Horizon at Miramar apartments for $121.3 million. That comes out to $347, 564 a unit. Bell Partners was the buyer of the complex at 11338 S.W. 45th Place, Miramar. The S. Florida Business Journal reports the buyer assumed a $76.8 million mortgage from Walker & Dunlop. Bell Partners renamed the property Bell Miramar Place. The property was acquired on behalf of the company’s Bell Value-Add Fund VIII. 

LivCor, a Blackstone Company
Scott Rosen | Senior Director, Investments
Bell Partners
John Blaylock | SVP, Investments

Additional Filters

Subcategory
Tags