Avra Jain snaps up Miami River Inn for $8.6 million

April 20, 2015 10:23 PM

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Avra Jain snaps up Miami River Inn for $8.6 million

The historic Miami River Inn has a new owner: Avra Jain, who has pioneered the rebirth of Miami’s MiMo district.

Habitat Group, a local investment company, sold the 58-unit property to to Jain’s Vagabond Group in an $8.6 million deal that closed Friday.

Also read: AP Source: Rodney, D-Backs Agree to $2.75M, 1-Year Contract

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