GID Completes Acquisition of New 248-Unit Garden-Style Apartment Community in High Growth South Florida Market of Plantation

PLANTATION, FL – GID has bought a new garden-style apartment community located in Plantation, FL, named Windsor 335. The community, formally known as Alexan 335, comprises seven buildings across 10 acres, with one-, two-, and three-bedroom floorplans, totaling 248 units. The community is managed by GID s wholly-owned property management company, Windsor Communities.
With sophisticated apartment features and an extensive amenity package, Windsor 335 boasts lifestyle-oriented living in a luxury setting. Interior features include granite countertops, full-size backsplashes, and lofty 9-foot ceilings. Residents step just outside their doors to take advantage of amenities, including a tech lounge with a printing station, a saltwater pool with an aqua deck and hammock garden, and a gaming area.
With convenient access to all major thoroughfares, Windsor 335 is connected to major employment centers in downtown Fort Lauderdale, Port Everglades, and Plantation, as well as some of South Florida s top shopping, dining, and entertainment destinations.
GID is a privately-held, vertically-integrated real estate company that owns and operates a portfolio of multifamily and industrial assets, as well as develops mixed-use projects. The current portfolio includes over 46,000 residential units, 20 million square feet of industrial space, and 1 million square feet of retail and office space.

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Harbor Group International Acquires Iconic 816-Unit ParkLine Miami Luxury Highrise Apartment Community in Downtown Miami

MIAMI, FL – Affiliates of Harbor Group International, a privately owned international real estate investment and management firm, announced their acquisition of ParkLine Miami. ParkLine Miami is an iconic 816-unit, luxury apartment community in Downtown Miami developed by Florida’s oldest and largest real estate and infrastructure development company, Florida East Coast Industries.
The development is perched directly above MiamiCentral, a thriving transportation and lifestyle hub spanning six downtown city blocks. It is a unique live-work-play destination with unrivaled transportation options including connectivity to four major transit lines: Brightline, Metrorail, Metromover and Tri-Rail. With over 10 million riders projected to travel through each year, MiamiCentral is transforming Miami’s urban landscape.
“The ParkLine Miami investment represents a unique opportunity to buy a world-class asset in a desirable, high-growth location with accessibility to major employment drivers and direct elevator access to all major regional and local transportation modes,” said Richard Litton, President of HGI. “We are confident that the business environment in South Florida, and Miami specifically, will continue to thrive and the high demand for luxury residential, transit-oriented developments will continue to soar as Miami marks itself as one of the most prominent international cities.”
Completed in 2020, the ParkLine Miami development consists of two 44- and 47-tale high-rise luxury residential towers. Connecting the two towers is a two-acre sky park amenity deck set 150 feet above street level. The building’s enhanced offerings include both infinity and lap swimming pools, a quarter-mile running track, outdoor and indoor fitness centers, pet parks and a grooming spa, a business center with co-working spaces and landscaped areas for outdoor grilling and gatherings.
“Florida East Coast Industries has embraced placemaking as a core strategy,” said Sarah Watterson, the head of development for FECI. “Since the inception of Brightline, downtown Miami has seen unprecedented daytime, residential and leisure growth. This area has become a hub for people on the go who want to live and travel smarter. ParkLine Miami is the most well-positioned multifamily asset to meet and exceed the needs of this growing resident population.”
Located in the center of Downtown Miami, the towers are proximate to a variety of prominent retail and office spaces and provide unprecedented immediate access to all South Florida transit lines and international air travel in one location. Residents will be connected to a total of 75 different rail stations across South and Central Florida, providing brilliant access to employment centers, including Miami Worldcenter, Miami Health District, Brickell City Centre, Fort Lauderdale, Aventura, Boca Raton, West Palm Beach and Orlando.
In the midst of historic economic growth in South Florida, HGI now owns 1,105 units across five properties in Miami-Dade County.
Cammeby’s International Group partnered with HGI on the transaction. Cammeby’s, founded in 1967, manages a large portfolio of real estate assets, mainly located in Manhattan, Brooklyn, Staten Island, Queens and New Jersey. Cammeby’s has partnered with HGI on several transactions, including HGI’s recent acquisition of a 5,302-unit portfolio of properties in New Jersey.

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Bonaventure Expands Multifamily Footprint With Acquisition of 178-Unit Vida East Apartment Community in UPREIT Transaction

ALEXANDRIA, VA – Bonaventure, an integrated alternative asset manager focused on the development, construction, and property management of innovative lifestyle multifamily communities in the Mid-Atlantic and Southeastern regions, announced the formation of a strategic partnership with Richmond, Va.-based SNP Properties LLC to buy ownership interest in Richmond’s Vida East Apartments as part of an UPREIT transaction.
Commented Dwight Dunton, Bonaventure founder and CEO: We re thrilled to announce that Vida East is now a part of the Bonaventure portfolio of multifamily communities and that we were able to buy ownership of the property by partnering with SNP Properties on an UPREIT transaction. In arranging the transaction this way, SNP exchanged ownership in Vida East in a tax advantaged manner for interests in a diversified and growing portfolio of multifamily properties. The Bonaventure team is very excited to partner with SNP through this transaction.
Located within walking distance of award-winning restaurants, galleries, museums, shops & boutiques, and parks in the heart of Richmond s historic Church Hill neighborhood, Vida East Apartments is one of Richmond s newest and most coveted multifamily communities and represents the ideal addition to Bonaventure s existing portfolio of Class A residential communities. Completed in 2018, the core plus, stabilized apartment community with 178 units including studios, 1BR, and 2BRs boasts top of the line amenities including a rooftop mezzanine with fire pit, controlled access building and parking garage, skyline entertainment lounge, swimming pool and sundeck and 24/7 fitness center.
As a Richmond-based developer and landlord, we ve long been familiar with Bonaventure and their founder and CEO, Dwight Dunton, added Eric Phipps, Principle of SNP Properties. Under Dwight s leadership, Bonaventure has amassed an impressive multifamily footprint in the region. With the completion of the Vida East transaction, we get to participate with them as they pursue their strategic growth in the multifamily and senior housing sectors throughout the mid-Atlantic and Southeast. Working with Bonaventure on this transaction was a real pleasure.
Both as a company and as a corporate family Bonaventure enjoys deep roots in the Richmond area. Just recently the firm expanded its footprint in the market acquiring the remaining land parcel adjacent to Scott s Edge. Additionally, Bonaventure s own Hank Loughran who serves as the company s SVP of Capital Markets is a Richmond native with strong community and professional ties to the area.

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