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.
Franklin Street Merges With Boutique Firm In South Florida
The boutique firm was founded in 2016.
Newmark Facilitates Sale Of Three Multifamily Properties For $133 Million
The properties comprise 656 units.
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.
Berkadia Arranges $25.39 Million Fractured Condo Sale And Financing In Pompano Beach
The sale price breaks down to $166,000 per door.
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.
Pompano Beach Land Sells For $1.2 Million Per Acre
The buyer is planning a multifamilyn development.
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.