The Real Deal Miami

AMLI scores Doral apartments for $100M

AMLI also acquired an apartment complex in Kendall earlier this month

April 24, 2015 01:30PM
By Katherine Kallergis

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Signature at Doral apartments

Signature at Doral apartments

Codina-Carr Residential sold an apartment complex in Doral for more than $100 million this week, Miami-Dade County records show.

AMLI, a development, acquisition and management company, acquired Signature at Doral, a 14.5-acre community north of Dolphin Mall and east of the Florida Turnpike, for $103.5 million.

The complex, at 11481 Northwest 41st Street, includes a pool, gym, entertainment center and surrounds a lake. Monthly rents for the one, two and three-bedroom apartments range from $1,670 to $2,265.

CC Doral Pebblewalk was the seller. Developer Armando Codina and CC Residential executives are listed on the seller’s corporate filings. Nearby, Codina Partners is developing Downtown Doral, a massive mixed-use project that includes nine condo towers, retail, restaurants and 1 million square feet of office space.

Earlier this month, AMLI paid $104.5 million for a 350-apartment community in Kendall near Dadeland Mall.