A fund established by the partnership of Miami-based Related Group and Lubert-Adler at the height of the recession to acquire distressed properties has sold 240 units at The Marquesa condominium in Pembroke Pines for $28.25 million. The transaction closed Nov. 30.
December 05, 2012 at 12:00 AM
1 minute read
A fund created at the height of the recession to acquire distressed properties has sold one of those assets.
RLA Marquesa, the partnership of Miami-based Related Group and Lubert-Adler, sold 240 units at The Marquesa condominium in Pembroke Pines for $28.25 million. The transaction closed Nov. 30.
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