Colliers Facilitates The Sale Of ±24.1 Acres In Port St. Lucie For $15.5M
Colliers Executive Vice President Michael Falk, Senior Vice President Russell Bornstein, and Associate Jonathan Temple represented the seller in the transactions.
Colliers Executive Vice President Michael Falk, Senior Vice President Russell Bornstein, and Associate Jonathan Temple represented the seller in the transactions.
The team has closed over $25 billion in multifamily transactions.
EDEN Living, in a joint venture with affiliates of Westport Capital Partners, just acquired a nearly 20-acre site with plans to develop 214 townhome-style units.
For over four decades, he has actively excelled in the commercial real estate industry, gaining knowledge and expertise across retail, office, medical leasing, land assemblage, acquisitions/dispositions, and development.
The plan is to take a 5,000-acre property that GL Homes owns adjacent to the new city of Westlake and shuffle 1,277 units (homes approved for construction but that haven’t been built yet) and move the units elsewhere.
The developer will receive $2.5 million in grant proceeds over a three-year period as well as fee waivers and reductions offered by the department.
With Togal.AI’s award-winning technology, Coastal Construction teams cut nearly 14,000 hours of work, saving close to $1 million in their first year using it.
A study predicts 45% to 50% increases in Florida, including in inland areas — and a doubling of premiums won’t be out of the question.
Senior Managing Director Charles Foschini and Managing Director Chris Apone secured the financing on behalf of the Aventura, Florida-based developer.
The Colliers’ Real Estate Development Division – once focused on commercial buildings – is leveraging its extensive expertise in Construction Management to assist condo boards with multi-million-dollar capital improvements and renovations mandated by the Building Safety Act.
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