BAR INVEST
In the News
South Florida real estate projects in the pipeline for the week of Aug. 21
Two towers planned in Pompano Beach A 2.1-acre site near the ocean in Pompano Beach could be redeveloped into two towers. Atlantic 3350 LLC, managed by Maria Laura Barbato and German Neuss, filed a revised site plan for 3300-3350 E. Atlantic Blvd. Richard Berrie, of Berrie Architecture & Design, said…
Bar Invest buys West Palm Beach apartments for $56M with plans to raise rents
Miami-based Bar Invest Group bought the Visions at Willow Pond apartments near West Palm Beach for $56.2 million. Sand Stone Lane LLC, an affiliate of New York-based Axonic Properties, sold the 300 apartments at 4860 Sandstone Lane. BankUnited provided a $36 million loan to the buyer. Newmark Knight Frank’s Tal…
Broward apartments sell for $58M
Miami-based Bar Invest Group sold the Serramar Apartments in Lauderhill for $58 million. Serramar Apartments Holdings LLC, an affiliate of Bar Invest Group, led by Hervé Barbera, sold the 302 apartments at 6701 West Oakland Park Blvd. to Serramar Lakes LLC, an affiliate of New York-based Milbrook Properties. Voya Investment…
Bar Invest Group buys office condos in Coral Gables, plans new HQ
This article originally appeared here Real estate investment firm Bar Invest Group is choosing to buy instead of rent. The Brickell-based company, led by Jacques and Herve Barbera, paid $3 million for three office condos at Ofizzina, a luxury office building in Coral Gables. Bar Invest plans to move its…
South Florida apartment complex to be renovated after acquisition
Bar Invest Group has acquired the Glen at Lauderhill apartments for $59 million and plans to renovate it in order to achieve higher rents. TMIF Glen LLC, an affiliate of Santa Monica, California-based Turner Multifamily Impact Fund, sold the 405 apartments at 2360 N.W. 56th Ave. to Glen Apartments Holdings,…
Aspen Capital buys apartment complex near North Beach town center
A company tied to private equity firm Aspen Capital just bought a newly renovated apartment complex on Normandy Isle in Miami Beach for $5.25 million. Hervé Barbera’s Bar Invest Group sold the 30-unit building at 6905–6921 Rue Vendome for about $175,000 per unit. Records show Barbera bought Rue Vendome in…
