Cascades at the Hammocks is a 264-unit, garden-style asset positioned in a desirable suburban Miami neighborhood known for strong renter demand, quality schools, and access to major employment centers. Originally built in 1988 and comprehensively renovated in 2018, the property was acquired in 2021 through a JV partnership. Grand Peaks employs a stabilized hold strategy that leverages the community’s upgraded interiors, resilient occupancy, and strong demographic fundamentals to drive predictable cash flow and long-term value creation.

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MIAMI, FL

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1988 VINTAGE/
2018 RENOVATION

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264 UNITS

A large, multi-story house with white walls, brown roof, and arched windows, surrounded by palm trees and lush greenery in a sunny, suburban neighborhood.

Outdoor rooftop patio with two brick bar counters, bar stools, and a wooden pergola, surrounded by apartment buildings and greenery.

Colorful playground with slides and climbing structures on black mulch, surrounded by green grass and apartment buildings, with trees and cloudy sky in the background.

Spacious living room with modern furniture, a wall-mounted TV above a white stone fireplace, wooden and leather armchairs, gray and beige sofas, tall potted plants, large windows, and glass double doors leading outside, with track lighting and chande

A modern gym with treadmills, stationary bikes, and elliptical machines, featuring a ceiling fan and track lighting.

A swimming pool surrounded by palm trees and lounge chairs in a tropical setting under a partly cloudy sky.

A bedroom with a bed, nightstands, and a window with blinds and light curtains.

Bathroom with granite countertop sink, large mirror, small plant, toilet, bathtub with shower, decorative curtain, and towel rack with towels.

Kitchen with white cabinets, stainless steel stove, granite countertops, white subway tile backsplash, small potted plants, and a window or mirror with a round black frame.

Living room with green sofa, round wooden coffee table, sliding glass doors with vertical blinds leading to a patio, wall-mounted flat-screen TV, and decorative items.

Bathroom with granite countertop, sink, large mirror, toilet, towel racks, shower with curtain, ceiling light, and potted plant.

Outdoor patio with two black chairs, a small black table, a potted plant, adjacent to sliding glass door and a brown door, with a large tree and plants in the foreground.