Beth Azor Acquires 3rd University Drive Property

The Shoppes of Rolling Hills in Davie has been sold for $4.6 million…and it now belongs to Beth Azor of SRH Partners.
The property, which is located at 2851 South University Drive, was moved in an expedited sale late in December due to the looming fiscal cliff and increase in the capital gains tax.
Bilzin Sumberg Attorney Adam Lustig took over and helped close the deal within three weeks, representing Azor.
The Shoppes provided a $2.6 million purchase money note and mortgage due to the short time frame. Azor owns two other Davie retail plazas on South University Drive – the Shoppes of Arrowhead and 2101 South University Drive.
 
Source:  The Real Deal

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