Firm shareholders Oscar R. Rivera and John Catalano successfully concluded work recently on a $79 million purchase by client Bar Invest Residential 4 LLC, a Bar Invest Group division.
The transaction involved the purchase of an apartment complex known as The Landings at Pembroke Lakes, a large community located in Pembroke Pines, Florida (pictured below). The multifamily residential rental complex houses 358 units, as well as a clubhouse with resort-style amenities. REIT counsel at Greenberg Traurig assisted our team in the acquisition of this project, and our client obtained financing through BankUnited.
Our firm congratulates and salutes Oscar, John and their support staff for all of the hard work they put forth in completing this transaction for our client.