Davie apartment complex purchased for $119M

Davie apartment complex purchased for $119M

A Davie apartment project has a new owner. Boardwalk Properties purchased the 394-unit Davie complex formerly known as Elan Maison for $119 million on Friday. The project, built in 2017, has been renamed The Avenue. The sellers were Pacific Investment Management Company, LLC and Greystar. The 15-acre property, at 6220 Reese Road, includes two swimming…

U.S. home price gains slow for seventh month

U.S. home price gains slow for seventh month

U.S. home price growth slowed in October, a likely consequence of higher mortgage rates having worsened affordability and causing sales to fall. The S&P CoreLogic Case-Shiller 20-city home price index rose 5 percent from a year earlier, down from an annual gain of 5.2 percent in September, according to a Wednesday report. All 20 cities…

Miami penthouse featured in ‘War Dogs’ up for grabs

Miami penthouse featured in ‘War Dogs’ up for grabs

A 4,498-square-foot Miami penthouse featured in the 2016 film “War Dogs” has been listed for sale for $4.495 million. The film, which starred Jonah Hill and Miles Teller, was based loosely on the true story of two men who won a $300 million government contract to supply arms to America’s allies in Afghanistan. The two-story…