non-advertiser

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

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

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Rilea Group Closes On Development Site In Wynwood For $22 Million As Location For 225-Unit Rental Community

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Gridline Properties’ brokers Alfredo Riascos and Yonatan Missika represented Rilea Group in the off market transaction located at 56 NE 29th Street.

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JV Acquires Circa 39 Hotel In Miami Beach

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The 97-key boutique hotel marks the most recent acquisition for the group as part of its plans to acquire $300 million in hospitality assets across the U.S.

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Economic Impact Study Shows South Dade Logistics & Tech District Will Generate $2.46 Billion In Total Economic Output, Nearly 40,000 Local Jobs

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The report further highlights need for more industrially designated land in the southern portion of Miami-Dade County in order to properly service residents in today’s e-commerce economy.

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Mixed-Use Business Park In Boca Raton Trades For $18 Million

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Transwestern Senior Managing Directors John Bell and Kevin Markwordt arranged the disposition on behalf of the undisclosed seller.

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

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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.

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Miami Design District Development Hits Market In Bankruptcy Sale Led By Avison Young

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Located at 3601 North Miami Avenue in Miami, the site sits at the gateway of three of Miami’s three most dynamic, high-growth districts: Miami Design District, Midtown Miami, and Wynwood.

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