Native Realty’s Jaime Sturgis Closes Six Investment Sales Transactions In 2 Weeks
The transactions total $13.78 million.
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.