Bar Invest Group Acquires Pinebrook Pointe Multifamily In Margate For $93M

The multifamily property located at 3495 Pinewalk Drive in Margate was sold for $93 million, encompassing 394 units and a total square footage of 451,337. The price per unit is approximately $236,041, while the price per square foot stands at $206.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $93,000,000
• Units: 394
• Price Per Unit: $236,041
• Square Footage: 451,337
• Price Per Square Foot: $206
• Buyer: Bar Invest Group - Herve Barbera
• Seller: LivCor - Kelly Vohs
• Lender: BankUnited

Bar Invest Group, represented by Herve Barbera, has acquired the property from LivCor, with Kelly Vohs acting as their representative. The transaction highlights the involvement of BankUnited in the lending process.