Greenstone Property Group Acquires Multifamily Property In Miami Gardens For $78M

The multifamily property located at 2545 Northwest 207th Street in Miami Gardens has been sold for a price of $78,000,000. The transaction took place on 12/23/2020. The property consists of 491 units, with a per unit price of $158,859. The buyer of the property was Greenstone Property Group, while the seller was Ytech - Yamal Yidios. The deal was facilitated by Newmark, acting as the broker.

Summary of transation details

• Property Type: Multifamily
• Transaction Amount: $78,000,000
• Address: 2545 Northwest 207th Street, Miami Gardens
• Market: Miami Gardens
• Units: 491
• Price per Unit (PPU): $158,859

Ytech - Yamal Yidios, the seller of the property, entered into the deal with Greenstone Property Group as the buyer. The transaction was brokered by Newmark.