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.
Franklin Street Arranges Record Multifamily Sale In South Florida’s Wilton Manors
The sale marks the second highest per unit sales price for its size, vintage and submarket.
Target Auction Company Announces Online Auction Sale of 15 South Florida Residential Rental Properties
The properties are located within the cities of Pompano Beach, Ft. Lauderdale, Hollywood, Miami Gardens, Opa Locka, Miami, and Homestead, Florida.
Berger Commercial Realty Brokers Dania Beach Land For New Multi-Family Project
Berger Commercial Realty’s Stephen Hyatt and Judy Dolan represented seller in the sale.