Pantzer Properties Acquires Multifamily Property In MiMo, Miami For $175M | 5700 Biscayne Boulevard | Robert Given | MultiFamily | Sale

Summary

Sale

FLORIDA

MultiFamily

A multifamily property located at 5700 Biscayne Boulevard in the MiMo neighborhood of Miami has been sold for $175,000,000. The property spans over 2.3 acres and consists of 282 units, with a per unit price of $620,567. The sale took place on November 14, 2022.

Summary of transaction details

Property Type: Multifamily
Transaction Amount: $175,000,000
Address: 5700 Biscayne Boulevard, Miami
Market: MiMo
Acres: 2.3

The buyer of the property is Pantzer Properties, represented by Jason and Jordan Pantzer. They acquired the property from 13th Floor Investments, represented by Arnaud Karsenti, and Tricera Capital, represented by Ben Mandell. The brokerage services for the deal were provided by Robert Given from Cushman & Wakefield. The lender involved in the transaction was KKR.

Players

All
2

Agents
1
Agencies
1

Robert Given

Vice Chairman

$1.7B Sold

CBRE

Details

Deal Summary

SOLD

IMAGE: Robert Given, Ben Mandell, Jordan Pantzer & Jason Pantzer DATE: 11/14/2022 ADDRESS: 5700 Biscayne Boulevard MARKET: MiMo, Miami ASSET TYPE: Multifamily ~ ACRES: 2.3 BUYER: Pantzer Properties (@PancoManagement) - Jason & Jordan Pantzer SELLER: 13th Floor Investments - Arnaud Karsenti (@AKarsenti); Tricera Capital (@TriceraCapital) - Ben Mandell BROKER: Robert Given (@Nevig.lrae.984) - Cushman & Wakefield (@CushWake) LENDER: KKR SALE PRICE: $175,000,000 UNITS: 282 ~ PPU: $620,567

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Address5700 Biscayne Boulevard

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