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Media Realty Closes Off-Market Sale Of 10-Building Mid-Core Apartment Portfolio

The sale price equates to $136,750 price per unit; $200 per square foot; and a 4.8% capitalization rate.

Broward County Multifamily Sale Yields $61.5 Million Profit In Just 4 Years

HGI purchased the property in 2017 for $158.5 million and upon acquisition invested an additional $2.65 million in interior maintenance and upgrades.

Aztec Group Secures 45 Million Non-Recourse Loan For Apartments In Lease-Up Subject To Ground Lease

Phase I of the project was completed in 2020 and experienced rapid leasing velocity through the pandemic and is currently 99% occupied. Phase II is under construction and scheduled for completion in 2022. Upon completion, the project will total 401 units.

Four-Tower Mixed-Use Project Coming To Downtown Fort Lauderdale

The project will include 1,300 apartments, office and retail, and possibly a hotel.

Value-Add Apartments Purchased For $40 Million In Coral Springs

JLL worked on behalf the seller, Iron River Management on behalf of CF Partners Ltd., to complete the sale to the buyer, Keasbey, NJ-based Landmark Companies.

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Berger Commercial Realty Expands Brokerage Team, Hires Senior Vice President

The newest team member will help as part of Berger’s investment sales, land brokerage and acquisitions and dispositions services for both corporate clients and private investors.