Logo of 7 West Apartment Homes with a stylized number 7 in teal and the words 7 West Apartment Homes in black and teal.

The 7 West & Gardens of 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 of 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 blue and green text and leaf design.
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)

A sign for 7 West Apartment Homes in front of a residential complex with palm trees, a sidewalk, and a street under a blue sky with clouds.
Empty outdoor swimming pool with blue water, surrounded by a white fence, lounge chairs, a gazebo, and palm trees under a blue sky with some clouds, in a residential complex.
Gym room with exercise equipment including elliptical machines, treadmills, and weights, with large windows showing outdoor pool area.
A living room with a dining area. The dining table is set with white plates, bowls, and decorative vases. The living room has a gray couch with teal and neutral pillows, a side lamp, and a framed artwork on the wall. A sliding glass door leads to an
Modern living room with dining area, white walls, tile flooring, sliding glass door with greenery outside, sofa, armchair, coffee table, side table with lamp, ceiling fan, and a view into a bedroom with green headboard.
Living room with gray sofa, green and patterned throw pillows, wooden coffee table with decorative gold sculpture, gray rug, white walls, white ceiling fan, and a wooden TV stand with white vases, with a dining area and kitchen in the background.
Kitchen with white cabinets, stainless steel oven, range hood, sink, and countertop.
A bedroom with a white bed, two nightstands with matching red lamps, a small window with greenery outside, a gray chair on the left, a bean bag chair on the right, and a striped rug on tiled floor.
Close-up of a potted cactus plant on a wooden surface in a bedroom with a green headboard, white bedding with gold accents, decorative pillows, and flower paintings on the wall.
Bathroom with bathtub, beige tiles, white toilet, small vanity with sink, mirror, and red accents.
A clean bathroom with a white vanity, large mirror, toilet, bathtub with beige tiles, and a gray shower curtain.
Entrance sign for The Cascades at Nona, a residential community with palm trees, a single-story house with a red-tiled roof, and a paved road and sidewalk.
A white house with large windows, a tiled roof, and a covered entrance, surrounded by palm trees and trimmed bushes, under a clear blue sky.
Modern living room with large windows, a gray sectional sofa, circular decorative mirrors on the wall, a desk with two chairs, and a colorful abstract wall art.
Modern kitchen with granite countertops, black cabinets, stainless steel refrigerator, microwave, and bar stools, with two windows overlooking greenery.
Interior of a modern dining area with a dark wooden table and six matching chairs. Decorative vases are placed on the table. The room features large windows, a textured accent wall, and a ceiling fan. Ornamental shelves with gold vases and sculptures
Modern living room with gray sectional sofa, glass coffee table, beige tiled floor, decorative pillows, large windows, gray and white walls with artwork, ceiling fan, open shelving with vases, and a tiled accent wall in the background.
Empty fitness center with treadmills and exercise machines near large windows, with a mirrored wall and flat-screen TV.
Modern kitchen with white cabinets, stainless steel appliances, and a white countertop. Decor includes vases and a small potted plant.
A bright, modern bathroom with a white vanity and sink, a large mirror, a small green plant on the counter, a white toilet, a shower with patterned curtains, and wooden flooring.
Small modern bathroom with white vanity, gray mirror, coral towels, potted green plant, bathtub with patterned shower curtain, and wood-textured floor.
Exterior of a white residential building with stairs, palm trees, and landscaped bushes.