Axonic Properties Acquires Multifamily Property In Doral For $37.3M

The multifamily property located at 10000 Northwest 45th Terrace in Doral has been sold for a total price of $37,300,000. The transaction took place on January 12, 2021. The property consists of 170 units, with an average price per unit of $219,412. The sale was facilitated by Maurice Habif, Brain Gaswirth, Simon Banke, and Jo Rousseau from JLL Capital Markets on behalf of the seller, Transcendent Investment Management represented by Jordan Kavana. The buyer, Axonic Properties, was represented by Clayton DeGiacinto and Jonathan Schectman.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $37,300,000
• Address: 10000 Northwest 45th Terrace, Doral
• Market: Doral
• Units: 170
• Price Per Unit: $219,412

Maurice Habif, Brain Gaswirth, Simon Banke, and Jo Rousseau from JLL Capital Markets played the role of brokers in this transaction, representing the seller. Axonic Properties was the buyer and was represented by Clayton DeGiacinto and Jonathan Schectman.