Cortland Acquires Multifamily Asset In Kendall, FL For $99M

The multifamily property located at 15000 SW 104th St in Kendall, FL has been sold in a recent transaction. The sale was finalized on 09/30/2021.

Summary of transaction details:

• Property Type: Multifamily
• Sale Price: $99,000,000
• Square Footage: 302,736
• Number of Units: 424
• Price Per Square Foot: $327
• Price Per Unit: $233
• Market: Kendall, FL

Cortland, represented by Steven DeFrancis, acquired the property from American Landmark Apartments, with Joe Lubeck representing the seller. The sale was facilitated by brokers Maurice Habif, Simon Banke, Jo Rousseau, Luca Victoria, and Ted Taylor from JLL.