South Florida investor pays top dollar for Venice apartment complex

South Florida investor pays top dollar for Venice apartment complex

Moterrey Apartment in Venice

By Michael Braga , Herald-Tribune

A New York City company managed by Gideon Z. Friedman, sold the 247-unit Monterrey Apartments complex at 1001 Center Road in Venice to a subsidiary of Advenir Inc. for $24.5 million.

Friedman’s company paid $11.55 million for the 19-building complex in June 2011.

It sold for $14.1 million near the height of the boom in December 2005.

For complete article, CLICK HERE <——–

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s