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.

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