Barry Sternlicht's Starwood Realty Trust Acquires 45 Single Family Homes & Townhouses In Hialeah & Pembroke Pines For $18.4M
Starwood’s Barry Sternlicht & Alex Rodriguez purchase multifamily for $18.4M in Florida
350,000 SF
Summary
Barry Sternlicht's Starwood Realty Trust and Tiber Capital Group, represented by Simon Frost and Alex Rodriguez, have purchased a portfolio of 45 single-family homes and townhouses in Hialeah and Pembroke Pines, South Florida. The properties were sold by Transcendent Investment Management. The sale price for this transaction was $18,410,000.
Summary of transaction details
- Property Type: 45 Single Family Homes & Townhouses
- Transaction Amount: $18,410,000
- Buyer: Barry Sternlicht - Starwood Realty Trust; Tiber Capital Group - Simon Frost & Alex Rodriguez
- Seller: Transcendent Investment Management
- Market: Hialeah & Pembroke Pines, South Florida
- Date: 11/15/2021
This acquisition was made possible by the active involvement of Barry Sternlicht, leading the Starwood Realty Trust, and Simon Frost and Alex Rodriguez from Tiber Capital Group. They successfully negotiated the purchase of the portfolio from Transcendent Investment Management, facilitating this significant real estate transaction.
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