Joe Echevarria Of University Of Miami Acquires Multifamily Asset In Miami For $92.4M

The property asset involved in this transaction is a multifamily building known as Dominion Tower. It spans 2.47 acres and comprises 123 residential units. The property is located at 1400 Northwest 10th Avenue in the Miami market. The total sale price for this 20-story apartment complex was $92.4 million, which translates to a per unit price of $751,220. The building also features a six-story parking garage.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $92,400,000
• Units: 123
• Price Per Unit: $751,220
• Total Acres: 2.47
• Buyer: Joe Echevarria - University of Miami
• Seller: Shemer Goldberg - Feit Management Co.
• Date of Transaction: 10/30/2025

This transaction was brokered with Joe Echevarria representing the University of Miami in the acquisition of the property. Shemer Goldberg acted on behalf of Feit Management Co. during the sale of the property. The acquisition enhances the University of Miami's residential portfolio adjacent to its main campus.