Lloyd Jones has acquired a luxury apartment building in Miami's East Little Havana neighborhood for $92 million from Premium Development. 

Walker & Dunlop's Still Hunter and Kaya Suarez represented the buyer and the seller in the transaction.

First Apartments, a mid-rise apartment community situated less than one mile from both Downtown Miami and Brickell, reached 90% occupancy by January 2022, "reflecting an extraordinary initial leasing velocity of nearly 45 leases per month," according to Walker & Dunlop.

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