JLL Completes Sale, Financing For Trophy Asset In Palm Beach County
JLL’s Seniors Housing Capital Markets team procured the buyer, AEW Capital Management, and secured the three-year acquisition loan through Capital One Bank on behalf of the buyer.
This author has yet to write their bio.
Meanwhile lets just say that we are proud ADMIN contributed a whooping 2189 entries.
JLL’s Seniors Housing Capital Markets team procured the buyer, AEW Capital Management, and secured the three-year acquisition loan through Capital One Bank on behalf of the buyer.
The final sale price doubled the initial stalking horse bid, resulting in a significant victory on behalf of the victims.
Codina Partners previously co-owned Tower One with Invesco, while solely owning Tower Two.
The transaction marks the highest value attributed to a freestanding restaurant property in Florida’s history, showcasing the demand for irreplaceable assets in Miami’s exclusive South of Fifth neighborhood.
Joseph Hamam joins First State Bank with an extensive track record of success in commercial lending in the South Florida area helping businesses of all sizes secure the financing they need to grow and thrive.
This partnership will allow Bridge and CPP Investments to target high-quality industrial properties in key markets, as retailers compete for faster shipping times despite increasingly limited space for new warehouse construction.
Currently starting at just over $10 million, over 75% of residences are already sold.
Here are the most popular news headlines this past week on CRE-sources.
The 72,866-square-foot industrial property, strategically situated in South Florida’s thriving industrial market, presents a significant opportunity for Longpoint Partners to expand its portfolio in the region.
Cushman & Wakefield’s Miguel Alcivar, Stuart Gordon and Matthew Bittel along with Marcus & Millichap’s Derrick Dougherty represented the seller in the transaction.
CRE-sources, Inc. is committed to ensuring that individuals with disabilities can access all of the goods, services, facilities, privileges, advantages, and accommodations that we offer through our website.If you are having trouble accessing the website, please call us at 954.290.3866 for assistance.
