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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.