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MIAMI — Bar Invest Group, a Miami-based private capital group, has acquired three apartment properties on South Beach at 1348 Drexel Ave., 1135 8th St. and 951 Jefferson Ave. for $5.5 million. The properties total 39 units. The deal is the fourth multifamily transaction that CBRE Private Capital Group has brokered the sale of in the past 12 months. All of the sales were to foreign buyers. Calum Weaver of CBRE represented the seller, Bleu Lionn Capital, in the transaction. According to Weaver, pricing is on the rise due to limited investment opportunities on Miami Beach and a competitive appetite among investors.