Miami developer sells luxury complex for $225 million

The Related Group has sold Manor Riverwalk in Tampa to Denver investment firm

  • By Louis Llovio
  • | 11:26 a.m. January 4, 2022
  • | 0 Free Articles Remaining!
COURTESY: Manor Riverwalk in Tampa has sold to Denver-based investors.
COURTESY: Manor Riverwalk in Tampa has sold to Denver-based investors.
  • Tampa Bay-Lakeland
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TAMPA — The Related Group has sold the 400-unit Manor Riverwalk luxury apartment building near downtown Tampa to a Denver real estate investment trust for $225 million.

The sale of the eight-story building to Ares Real Estate Income Trust was completed Dec. 28, according to a spokeswoman for the Miami-based developer.

 

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