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Grand Peaks Properties Sells Miami-Area Apartments Cascade at the Hammocks for $65. 5 M

3+ day, 14+ hour ago  (146+ words) Yield PRO Grand Peaks Properties sold Cascade at the Hammocks, a 264-apartment complex at 10605 Hammocks Blvd. , to Bowery Properties for $65. 5 million. The buyer assumed the seller's $40. 58 million mortgage with JPMorgan Chase through a commercial mortgage-backed securities (CMBS) trust. The price…...