Brickell Avenue senior living tower sold to nonprofit

Brickell Avenue senior living tower sold to nonprofit

Sunrise-based nonprofit Elderly Housing Developing & Operations Corp. acquired a senior living tower on Miami’s Brickell Avenue, keeping the property out of the hands of developers.

There’s no doubt many condo builders would love to get their hands on the 3.2-acre site along Biscayne Bay, but it’s being maintained for affordable senior housing.

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