Crow buys 376-unit apartment complex in Davie for $98M
Crow Holdings picked up a 376-unit apartment complex in Davie for $97.5 million, marking a pickup of multifamily investment sales in South Florida. Dallas-based Crow bought the 33 West property at 6300 Southwest 24th Place from New York-based commercial real estate investment manager Clarion Partners, according to records and real estate database Vizzda. The deal breaks down to $259,308 per unit. Completed in 2013, 33 West consists of 14 three-story buildings and a pair of one-story Buildings on a 15.5-acre site, Vizzda records show. Yonkers, New York-based AVR Realty Company, through an affiliate, bought the complex for $78.8 million in […]This article originally appeared on The Real Deal. Click here to read the full story.
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