Aimco, one of the biggest players in the multifamily investment arena, bought a waterfront tower developed by the Arison family in Miami’s trendy Edgewater neighborhood for $80.96 million.

The publicly traded real estate investment trust bought 28-story Hamilton on the Bay apartment high-rise from an affiliate of the Arison family. The deal closed Aug. 25, and the deed was posted on the Miami-Dade clerk’s website Monday.