Bell Partners through one of its funds is acquiring an apartment and townhome community in Miramar, Florida for $121.3 million, according to a report from the South Florida Business Journal.

As part of the deal, the property, Horizon at Miramar, is getting renamed to Bell Miramar Place. The sale of the 349 apartments from Blackstone's LivCor multifamily subsidiary, comes in at $347,564 per unit.

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
NOT FOR REPRINT

© 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.

National
Multifamily