---
title: "Dutch Investor Pays $110M for New Rental in Aventura, Fla."
url: https://burnaze.com/article/75eaf38e-e306-455a-a418-cf64a5c12237
source: "Commercial Observer"
original_url: https://commercialobserver.com/2026/05/breevest-avida-aventura-fifield-multifamily-housing/
author: "Julia Echikson"
category: "Real Estate"
published: 2026-05-22T16:35:34.000Z
modified: 2026-10-31T13:16:21.848Z
image: https://commercialobserver.com/wp-content/uploads/sites/3/2026/05/Henk-Brouwer_Avida-copy.jpg?quality=80&resize=1200%2C630&strip=
---

# Dutch Investor Pays $110M for New Rental in Aventura, Fla.

**TL;DR:** Dutch investor Breevest paid $110 million for the Avida Aventura multifamily asset in Florida's Miami-Dade County. The seller was Fifield Companies, which completed the building in 2024.

*By Julia Echikson, originally published in Commercial Observer on 2026-05-22. [Read the original](https://commercialobserver.com/2026/05/breevest-avida-aventura-fifield-multifamily-housing/).*

## Story

Dutch investor **Breevest** has paid $110 million for a new multifamily asset near the **Aventura Mall** in Florida’s Miami-Dade County, property records show.

Called **Avida Aventura**, the eight-story property houses 266 apartments at **19401 West Dixie Highway**, facing Biscayne Boulevard and across the street from the 1.8 million-square-foot indoor mall. The transaction equates to just over $413,000 per unit.

The seller, **Steve Fifield**’s **Fifield Companies**, completed the 445,2500-square-foot building in 2024. The Chicago-based firm had purchased the triangular-shaped, 1.8-acre site for $12 million in 2021. **Ladder Capital** provided a $112 million construction loan later that year.

For Breevest’s recent acquisition, **BDT & MSD Partners** provided an $85 million acquisition loan.

The transaction appears to be Breevest’s first purchase in South Florida. Last year, it sold for $90 million an office building in Beverly Hills to **Alo Yoga**, the influencer class’s favorite athleisure brand.

South Florida’s multifamily investment market has picked up this month, even though rent growth has slowed since the height of the pandemic. The real estate investment arm of the **Church of Jesus Christ of Latter-day Saints** paid $240 million for a 456-unit, rental complex in Boca Raton, and the **LeFrak Organization** bought **Related Group**’s new waterfront rental tower in Fort Lauderdale for $180 million.

## Entities

- Real Estate (sector)
- Commercial Observer (publication)
- real estate investment (topic)
- Julia Echikson (person)
- BDT & MSD Partners (investor)
- acquisition loan (topic)
- multifamily asset (topic)
- Aventura Mall (location)

---
Originally reported by Julia Echikson, Commercial Observer (https://commercialobserver.com/2026/05/breevest-avida-aventura-fifield-multifamily-housing/). Summarized by Burnaze (https://burnaze.com/article/75eaf38e-e306-455a-a418-cf64a5c12237).