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Why a Miami Apartment Investor Took a Year to Make First Deal

PIA Residential Plans to Buy 10,000 Units in Next Decade
Crystal Lake Apartments' Miami-based owner plans renovations at the 22-year-old complex in Pensacola, Florida. (CoStar)
Crystal Lake Apartments' Miami-based owner plans renovations at the 22-year-old complex in Pensacola, Florida. (CoStar)
CoStar News
September 19, 2019 | 10:52 P.M.

A year after it transitioned its investment strategy from single-family homes to apartments, a Miami-based firm has made its first acquisition.

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