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GID Acquires Garden-Style Miami Apartment Complex
GID, a real estate owner and fiduciary that invests in multiple asset classes, has acquired Advenir at Biscayne Shores, a garden-style community located in Miami that will be rebranded as Windsor Biscayne Shores. The purchase price wasn’t disclosed.
The 240-unit community features resort-style amenities, such as a clubhouse, pool, fitness center, playground, grilling areas, and dog park. Located across the Broad Causeway (123rd Street) from the Haulover Inlet and Beach Park, which provides residents with public beach access directly on the Atlantic within a 15-minute drive, the community provides walking access to Whole Foods Market, LA Fitness, Walgreens, Home Depot, and Starbucks.
GID plans to renovate the community and transform the resident experience through an updated fitness center, repainted exteriors and interiors, refreshed clubhouse and leasing center, and refurbishing the remaining residences with modern finishes.
- ◦Sale/Acquisition
