The Mansion

An affiliate of Befeler Group acquired a historic three-story 18-unit apartment complex in Miami Beach built in 1925 near Mount Sinai Hospital. The property required complete restoration. Befeler Group restored the property to its former glory with meticulous attention and immediately leased it to residential tenants. The property is located in an upscale neighborhood in Miami Beach surrounded by multimillion-dollar homes of the rich and famous, and it is two blocks from the newly completed Ritz-Carlton Residences in mid-beach. The property is consistently 100% leased.