CBRE SELLS 43-UNIT FULLY RENOVATED APARTMENT BUILDING IN MIAMI

    CBRE SELLS 43-UNIT FULLY RENOVATED APARTMENT BUILDING IN MIAMI

    Miami, FL – September 24, 2013 – (RealEstateRama) — The CBRE Multi-Housing Private Capital Group (PCG) arranged the sale of The Boutique, a fully renovated, 43-unit property located at 8000 N.E. Bayshore Court in Miami, FL. The two-story, multi-family building was acquired by Bar Invest Realty LLC. The seller was Boutique at Bayshore LP. Calum Weaver who co-chairs CBRE’s Private Capital Group represented the seller in the transaction. The property was 100% occupied at the time of the sale.

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    CBRE

    CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services firm (in terms of 2011 revenue). The Company has approximately 34,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through more than 300 offices (excluding affiliates) worldwide. CBRE offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation; development services; investment management; and research and consulting.

    Contact:

    Robert W. McGrath
    Senior Director, Corporate Communications

    +1 212 9846515
    +1 800 7996523 FREE

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