Blackstone Sells Boca Raton Senior Living Site At Discount

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Blackstone sold another South Florida senior living facility to BH Group and Gold Standard of Care at a discount.  The joint venture paid $12.2 million for Atrium at Boca Raton, roughly $10 million below the previous sale price eight years ago, according to a source familiar with the deal. Gold Standard of Care’s family office … Read more

Kendall Apartment Project Sells For $42M Discount

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The billionaire family that owns the Washington Nationals struck out in the Kendall multifamily submarket.  An affiliate of Rockville, Maryland-based Lerner Residential sold Motion at Dadeland, a 25-story tower with 295 apartments at 8400 South Dixie Highway for $72.4 million, records and real estate database Vizzda show. The buyer, an affiliate of Los Angeles-based JRK … Read more