Trilogy Real Estate Group Acquires Mixed-Use Property From Crescent Heights For $41.9M
2200 Biscayne Blvd.
$41,900,000
Units
57,025
Asset Type
Mixed-use
Closing
Jun 26, 2025
AI
The property asset involved in the transaction is a mixed-use development located at 2200 Biscayne Blvd., Miami, FL, comprising 57,025 square feet. The transaction was completed for a price of $41,900,000.00.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $41,900,000.00
- Address: 2200 Biscayne Blvd.
- Market: Miami, FL
- Units: 57,025
- Buyer: Trilogy Real Estate Group
- Seller: Crescent Heights
Trilogy Real Estate Group acted as the buyer in this transaction, while Crescent Heights served as the seller. Both companies are key players in the real estate market, involved in managing and developing properties in various segments.
Players
Miami Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.38%
Cash-on-Cash
-0.11%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93