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Bar Invest Group Acquires 358-Unit Pembroke Pines Multifamily For $79.5 Million

Bar Invest Group Acquires 358-Unit Pembroke Pines Multifamily For $79.5 Million

February 2, 2021

Bar Invest Group, led by Herve Barbera, has acquired the 358-unit The Landings at Pembroke Lakes for $79.5 million, roughly $222,000 per unit. The property traded at a reported 4.5% cap rate and was 95% occupied at the time of sale.

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In Acquisitions, Closed, Commercial, Invest, Investment News, Multifamily, News, News & Features, Private Equity, Rentals, Traded, Pembroke Pines Tags Herve Barbera, Bar Invest, The Landings at Pembroke Lakes, Starwood, Starwood Capital Group, Traded, Acquisitions, Closed, Commercial, Multifamily, Pembroke Pines, Kaya Suarez, Still Hunter, Walker and Dunlop, 10650 Washington St., News, News & Features, Invest, Investment News, BankUnited NA, Private Equity, Rentals, Apartment Rentals, February 2021
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