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Milestone Group Trades Kendall Apartment Complex for $109M

Harbor Group International has bought Emerald Palms, a 505-unit garden apartment complex near Zoo Miami in Kendall, for $109 million from Milestone Group, which paid $107 million for the same property

Summary

Harbor Group International has bought Emerald Palms, a 505-unit garden apartment complex near Zoo Miami in Kendall, for $109 million from Milestone Group, which paid $107 million for the same property in 2021.

The South Florida Business Journal reports the buyer assumed the seller’s mortgage, which Berkeley Point Capital restated at $97 million, with a...

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