With the sale this quarter and late last year of six apartment buildings, Gaia Real Estate and Starwood Capital Group have fully exited their $500 million investment to acquire a portfolio of 9,505 apartment units out of a bankruptcy auction in 2012.
Multifamily Purchase Made During Great Recession Returns Healthy Profit for Gaia, Starwood
Last of 9,500-Unit Portfolio Sells After 10-Year Hold
CoStar News
March 8, 2022 | 8:21 P.M.
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IN THIS ARTICLE
- Properties
- Avana Coral Springs
3600 Terrapin Ln, Coral Springs, FL
- Companies
- Gaia Real Estate
Real Estate
- Starwood Capital Group
Real Estate