Aventura Apartment Investors Close $58M Acquisition Loan

Compass
Jan 28, 2025

Madison Realty Capital originated a $58 million acquisition loan to The Related Group and 13th Floor Investments to purchase Arium Lincoln Pointe, a 285-unit multifamily waterfront property in Aventura, Florida. Reports list RMR as the seller.

Located on an expansive 9-acre parcel next to Williams Island with water on three sides, Arium Lincoln Pointe offers residents access to Miami and Fort Lauderdale, as well as shopping, dining, and leisure destinations in Aventura. Built in 1991, the garden-style apartment complex consists of 165 one-bedroom and 120 two-bedroom units across four 3-story residential buildings. The property’s amenities include a resort-style pool, waterfront sundeck, and a renovated two-story clubhouse with a game room and fitness center.

Aventura is 15 miles north of downtown Miami. It’s home to the state’s biggest shopping mall, the Aventura Mall.

13ᵗʰ Floor manages over $5 billion of real estate across residential, commercial, multifamily, industrial, value-add, and development projects.

The post Aventura Apartment Investors Close $58M Acquisition Loan appeared first on Connect CRE.

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GoCommercial Group is a real estate team affiliated with Compass. Compass Florida, LLC D/B/A Compass is a licensed real estate broker and abides by equal housing opportunity laws. All rights reserved.
BRAD KUSKIN is a licensed Broker Associate in the State of Florida with License #BK3333122:

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