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Milestone Group Trades Kendall Apartment Complex for $109M
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Milestone Group Trades Kendall Apartment Complex for $109M
Harbor Group International has bought Emerald Palms, a 505-unit garden apartment complex near Zoo Miami in Kendall, for $109 million from Milestone Group, which paid $107 million for the same property in 2021. The South Florida Business Journal reports the buyer assumed the seller’s mortgage, which Berkeley Point Capital restated at $97 million, with a new maturity date in August 2033. Emerald Palms, with 528,142 square feet across three stories…
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