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Nuveen Real Estate Acquires Multifamily Property In Miami From Pinnacle And Ascend Properties For $98M

6600 NorthWest 7th Street
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This MultiFamily property located in FL was sold for $98,000,000 over 2 years ago. The brokers of the deal were Michael "Mike" Mulkern, Zachary (Zack) Sackley, Troy Ballard, and Robert Given

The multifamily property located at 6600 NW 7th St in Miami has been sold for a total price of $98,000,000. The transaction took place on September 16, 2021. The property consists of 272 units, with an average price per unit of $360,294.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $98,000,000
  • Address: 6600 NW 7th St
  • Market: Miami

The buyer of the property is Nuveen Real Estate, represented by Carlos Burneo. The seller includes Pinnacle, represented by David O. Deutch, and Ascend Properties, represented by Richard Finkelstein and Michael Wohl. The deal was facilitated by a team of brokers from Cushman & Wakefield, including Robert Given, Troy Ballard, Zachary Sackley, and Mike Mulkern.

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Deals
  • Location
    6600 Northwest 7th Street, Miami, FL 331266600 Northwest 7th Street, Miami, FL 33126
  • Sale Price
    $98,000,000$98,000,000
    $11,603 PPSF$11,603 PPSF
  • Area
    8,446 SF8,446 SF
  • Asset Type
    MultiFamilyMultiFamily
  • Parties
    4 Brokers, 2 Agencies4 Brokers, 2 Agencies

Agents

Michael "Mike" Mulkern

Michael "Mike" Mulkern

Deals2
Sold$132.7M

Robert Given

Robert Given

Deals20
Financed$1.7B

Agencies

Cushman & Wakefield

Cushman & Wakefield

Agency
Deals4186
Volume$167B

CBRE

CBRE

Agency
Deals4228
Volume$184.3B

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Deal Summary

SALE IMAGE: David O. Deutch, Mike Mulkern, Michael Wohl, Robert Given, Carlos Burneo, Zachary Sackley, Richard Finkelstein & Troy Ballard DATE: 09/16/2021 ADDRESS: 6600 NW 7th St MARKET: Miami ASSET TYPE: Multifamily BUYER: Nuveen Real Estate - Carlos Burneo SELLER: Pinnacle - David O. Deutch; Ascend Properties - Richard Finkelstein & Michael Wohl BROKERS: Robert Given, Troy Ballard, Zachary Sackley & Mike Mulkern - Cushman & Wakefield SALE PRICE: $98,000,000 UNITS: 272 ~ PPU: $360,294

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6600 NorthWest 7th Street

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