100 Condos Under Contract at Quantum on the Bay to Israeli Investment Group

January 31, 2009

Yesterday, a rumor was circulating that 100 condos recently went under contract at Quantum on the Bay to an investment group from Israel in a bulk sale transaction.  I was able to confirm today, from multiple sources, that the rumor is true.  However, everyone is keeping quiet in regards to the details involved in the bulk sale transaction.  It will be interesting to learn the price per square foot that the 100 condos sell for at Quantum on the Bay once the details are revealed.

(hat tip to Kevin at South Beach Real Estate Blog for the lead on the story)