The Granite at Miami Beach apartment building sold for $11.375 million to a group funded by international investors.
RJF - 20th & Park LLC, an affiliate of Nashua, N.H. based-R.J. Finlay Management Co., sold the 56-unit building at 337 20th Street to Riviera Plaza Apartments, which is managed by Tulsa, Ok.-based Intervest Properties. The buyer manages income-producing properties for numerous European and American investors. It also has an office in Fort Lauderdale.
The price equates to $203,125…
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