Casa Miranda Apartment Fund
October 25, 2010
Class C Multifamily Acquisition
Casa Miranda is a 320-unit multifamily development, and the project consisted of three parts including acquisition, renovation, and stabilization.
Renovation and Preparation for Sale
All 320 units were renovated to leasable condition, and the development was rebranded and remarketed as “Casa Miranda.”
DMI maximized investor yields through operating cash flows, and intelligent refinancing.