December 22, 2015
By Emon Reiser
New York-based Greystone & Co. and South Florida’s ALTA Developers have sold The Mile, a 120-unit luxury apartment project, for $48 million.
The 13-story development at 3622 S.W. 22nd St. in Miami was co-developed by the sellers. The buyer was Monogram Residential Trust Inc., a real estate investment trust based in Plano, Texas. The off-market deal was arranged by HFF.