A group of investors has acquired a 103-unit apartment portfolio in Miami’s Little Havana, with plans to upgrade the properties and flip them amid heightened demand in the neighborhood.
The venture paid $10.45 million for the properties. Abiel Ballesteros, the owner of United Dream Real Estate, along with investment partners Rene Sanchez, Sam Jazayri, Luis Becker and Gerardo Murzi, bought the eight buildings from Argentinean investor Ezequiel Steinman.
