Logo for ZWEST Apartment Homes featuring a large stylized turquoise number 7 and the text ZWEST APARTMENT HOMES

The 7 West & Gardens at Nova portfolio consisted of two garden-style communities in the Miami metro area, acquired in classic condition with clear value-add potential. Grand Peaks executed a full renovation and amenity upgrade at 7 West, selling it as a turnkey asset, while Gardens at Nova was sold opportunistically after proving out the value-add thesis. Both assets delivered strong performance over the four-year hold period, reflecting successful execution and favorable market dynamics.

Illustration of three geometric shapes: a green triangle, a blue trapezoid, and a blue map pin icon, arranged to suggest a location or navigation theme.

MIAMI/DAVIE, FL

Logo for The Gardens at Nova Apartments with stylized green leaves above the text.
Two residential buildings, with one emitting signals or attention marks, surrounded by bushes.

1988/1997 VINTAGE

Blueprint with a grid of rooms and a large triangular ruler in the foreground.

444 UNITS

  • Core Acquisition

  • Exited

  • 4 Years (May 2018 - May 2022)

Sunny day view of apartment complex named 7 West Apartment Homes, with lush green grass, tall palm trees lining a sidewalk, and a clear blue sky with some clouds.
Empty outdoor swimming pool with lounge chairs and umbrellas in a residential complex with palm trees and a gazebo.
Empty gym with elliptical machines, treadmills, and weight machines near large windows showing an outdoor pool area with palm trees.
Living room with a dining table set, sofa with teal and beige cushions, side table with lamps, sliding glass door, indoor plant, and abstract wall art.
Modern living room with white walls, gray couch, blue armchair, wooden coffee table, area rug, large window with greenery outside, dining table with six chairs, bedroom with green headboard and artwork, ceiling fan, side table with lamp.
Living room with a light gray sofa, patterned and teal pillows, white walls, a wooden coffee table with decorative gold art, a blue-gray rug, and a wooden sideboard with white vases. A round dining table with four chairs is in the background, and the
White kitchen with stainless steel appliances, including oven, range hood, dishwasher, and faucet
A small, minimalist bedroom with a white bed, two pink lamps, gray chairs, a white dresser, and a window showing greenery outside.
A bedroom with a green headboard, white bedding, yellow and patterned pillows, and wall art of flowers. A white lamp is on a small wooden nightstand beside the bed. A potted cactus is on a wooden surface in the foreground.
Bathroom with beige tiled shower wall, white bathtub, white toilet with a black tray on top, white vanity with a mirror, soap dispenser, and toiletries, white walls, window with green scenery outside, and a red towel hanging.
A modern bathroom with white vanity, large mirror, toilet, and shower with beige tile walls and a blue patterned shower curtain.
Entrance sign for Cresthaven at Now Palm Beach community surrounded by palm trees and landscaping, with a residential building in the background under a blue sky.
A white building with a red-tiled roof, surrounded by palm trees and shrubbery, with a clear blue sky overhead.
Modern living room with large windows, a gray sectional sofa, a decorative metal wall art, a black desk with two chairs, and a multicolored abstract wall hanging.
Modern kitchen with granite countertops, dark cabinets, stainless steel refrigerator and microwave, two windows, and bar stools at the island.
A spacious, modern interior room with tiled flooring, decorative archways with shelves holding gold and silver vases, a dining table with six chairs, and artwork on the walls. Windows allow natural light into the room.
Spacious modern living room with large windows, gray sectional sofa with colorful pillows, glass coffee table, and decorative shelves with vases and art pieces, tiled floor, and high ceiling with ceiling fan
Interior view of a gym with cardio equipment, including treadmills, elliptical machines, and exercise bikes, in a bright room with large windows and ceiling fans.
Modern kitchen with white cabinets, stainless steel appliances, and a white countertop with decorative vases and a plant.
A small bathroom with a white vanity, a mirror, a green plant, and a shower with a towel hanging. The floor is wood and there is a blue rug by the toilet.
Bathroom with white vanity, mirror, coral towels, potted plant, and a bathtub with a patterned shower curtain.
Exterior of a white multi-story apartment building with stairs, palm trees, and landscaped bushes.