NEW YORK, NY - Affiliates of Cantor Fitzgerald Asset Management (“CFAM”), the investment and asset management division of Cantor Fitzgerald, a leading global financial services and real estate services holding group, and RPM Living, one of the nation’s premier multifamily property management and investment companies, announced the acquisition of Biscayne Shores from Integra Investments through a joint venture.
Biscayne Shores is a newly constructed, luxury waterfront multifamily community located in North Miami, Florida. The eight-acre property, completed in 2024, was developed by Integra Investments, a Miami-based real estate investment and development firm, in partnership with Andrew Korge of Korgeous Group and David Larson of DCL Capital.
This transaction is the latest successful collaboration between CFAM and RPM Living Investments following acquisitions across key growth markets including Dallas, Denver, Houston, Orlando, and Tampa. Biscayne Shores represents a significant addition to the partners’ growing portfolio of high-quality assets in dynamic, growth markets. The community features a high-rise multifamily tower and townhome villas in a desirable location that provides access to major employment centers and core lifestyle destinations.
“We believe Biscayne Shores is well-positioned to benefit from the favorable demographic trends and strong demand drivers shaping the Miami market, underscoring the long-term appeal of high-quality multifamily assets in the region for institutional investors,” said Chris Milner, CIO, Real Assets at CFAM. “This acquisition exemplifies our investment strategy of sourcing high-quality multifamily properties in dynamic, growth-oriented markets.”
“Biscayne Shores sets a new standard for luxury waterfront living in North Miami,” said Hank Farrell, CEO of RPM Living Investments. “Residents will benefit from thoughtfully curated amenities, modern design and convenient access to all that South Florida has to offer.”
The transaction marks the successful sale of Biscayne Shores by Integra Investments and its partners, following the firm’s delivery of the project as part of its broader strategy focused on residential and mixed-use developments across South Florida. Terms of the transaction were not disclosed.
“We are proud to bring Biscayne Shores to market and deliver a project that reflects the continued growth and demand we are seeing across North Miami,” said Nelson Stabile, principal at Integra Investments. “We remain bullish on this submarket, and this transaction reflects the strength of the fundamentals driving it.”