Marcus & Millichap Brokers Sale Of Fort Pierce Multifamily Asset

River Rhoads, Daniel Cunningham, Evan Richardson, Dillon Majeski and Cory Sanchez of Marcus & Millichap exclusively marketed the property on behalf of the seller.

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CRE-sources’ Top 5 Most Popular Stories This Week

Read on for the most popular news headlines this past week on CRE-sources.

Newgard Group Acquires West Palm Beach Dev Site For First Luxury Automotive Lifestyle Destination

Designed for discerning automobile enthusiasts, the project will feature a limited collection of 20 privately owned automotive studios that combine exceptional design, privacy, security, and hospitality within an exclusive membership-driven environment.

Native Realty Adds New CRE Broker To Growing Roster

To support its continued growth, Native is actively interviewing senior commercial real estate brokers to meet rising demand from its expanding client base.

Opa-locka Moves Forward With Ambitious Downtown Mixed-Use Project

A proposed redevelopment near Opa-locka City Hall could bring housing, retail, hospitality, education and community services to six publicly owned parcels, marking a major investment in the city’s downtown core. The overall development has been valued at approximately $532 million.

JV Closes On $50M Off-Market Brickell Assemblage, $30.5M Loan

The site was acquired from Two Roads Development and Newgard Development Group.

Marcus & Millichap’s IPA Division Brokers $90.5 Million Sale Of 400 Multifamily Units In West Palm Beach

The sale is one of the largest condominium-to-multifamily rental conversions in Florida.

Cushman & Wakefield Arranges Off-Market Sale Of Townhome Community In Hollywood’s Emerald Hills

The $32 million transaction closed quickly as an all-cash 1031 exchange acquisition, trading at a record price per unit for the submarket and a cap rate below 5 percent.

Affiliated Development Closes $74 Million Loan, Commences Construction Of Live Local Project ‘The Cove’

The Cove will rise on the site of a former hotel property, delivering 376 residential units in an eight-story building with structured parking.

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CRE-sources’ Top 5 Most Popular Stories This Week

Read on for the most popular news headlines this past week on CRE-sources.