GID, a real estate owner and fiduciary that invests in multiple asset classes, has acquired Advenir at Biscayne Shores – a garden-style community located in Miami. The purchase price was not disclosed.
The 240-unit community features resort-style amenities such as a clubhouse, pool, fitness center, playgrounds and grilling areas; plus access to the Broad Causeway (123rd Street) from the Haulover Inlet and Beach Park which provides public beach access directly on the Atlantic within 15 minutes’ drive of residents. Additionally there is walking distance to Whole Foods Market LA Fitness Walgreens Home Depot Starbucks etc..
GID plans to renovate the complex with an updated fitness center repainted exteriors/interiors refreshed clubhouse/leasing centre plus refurbishing remaining residences with modern finishes for improved resident experience.