A San Francisco-based investor made its first major play in South Florida, buying The Bradley Wynwood mixed-use multifamily building for $77 million.
Iconiq Capital bought The Bradley from a joint venture of Jorge Pérez's Related Group and Miami-based Block Capital Group.
The 175-unit apartment building was previously leased to now defunct short-term rental operator Domio.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.