The property asset involved in the transaction is located at 6825 Sunrise Drive in Coral Gables, classified as Senior Housing, and encompasses 0.38 acres. The property was sold for $15,800,000, with a total square footage of 4,164 and a price per square foot of $3,794.

Summary of transaction details:

• Property Type: Senior Housing
• Transaction Amount: $15,800,000
• Address: 6825 Sunrise Drive
• Market: Coral Gables
• Acres: 0.38
• Square Feet: 4,164
• Price Per Square Foot: $3,794
• Buyer: Greg Herskowitz - Sunrise Drive Real Estate Holdings
• Seller: Patricia Toscano
• Buyer's Representative: Judy Zeder - Jills Zeder Group - Coldwell Banker
• Seller's Representative: Mary Jochem - Slesnick and Jochem

Patricia Toscano, the seller, is an Irish-Italian restaurateur who acquired a waterfront Coral Gables teardown for $3M on April 1 and sold it three days later to an LLC managed by attorney Greg Herskowitz. The previous ownership was linked to a trust tied to Jeffrey Scott Gerson, with Mary Jochem representing the seller in the transaction.