Real Estate
A joint venture between Coastline Management and Tower Capital Group paid $33.2 million for an apartment complex in Miami Gardens. EB Real Estate Group, an investment firm in New York, sold the 234-unit Park Plaza Apartments for about $142,000 per unit, according to a press release. Berkadia’s Tal Frydman, Yoav Yuhjtman and Nicholas Perrone represented the buyer and seller. Freddie Mac provided a $25.4 million loan. Property records show EB Park Plaza LP paid $22.7 ... [more]

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