iStar Financial Sells Terrazas Riverpark Village Condominium Complex

James Albrino of the CoStarGroup reports that iStar Financial has sold the two-tower, 324-unit, Terrazas Riverpark Village condominium complex west of Greater Downtown Miami,  located at 1861 NW South River Drive in Miami, FL, to Wood Partners for $44 million, or $135,800 per unit. I report that the development stands on nearly 2.2 acres north of the site of the new Florida Marlins ballpark.


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

%d bloggers like this: