Citadel Acquires Multifamily Property In Miami For $20M

The multifamily property located at 1250 Brickell Bay Drive and 1260 Brickell Bay Drive in Miami has been sold for a total of $20,000,000. The property spans across 0.15 acres and consists of 12 units. The price per unit for this transaction was $1,666,667.

Summary of Transaction Details:

• Property Type: Multifamily
• Transaction Amount: $20,000,000
• Address: 1250 Brickell Bay Drive & 1260 Brickell Bay Drive
• Market: Miami
• Acreage: 0.15

The buyer in this transaction is Citadel, represented by Ken Griffin and Gerald Beeson. On the other hand, Ytech, represented by Yamal Yidios, acted as the seller.