Mast Capital, Starwood Capital Group Secure $400 Million Construction Loan For Ultra-Luxury Condominium
Currently starting at just over $10 million, over 75% of residences are already sold.
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Currently starting at just over $10 million, over 75% of residences are already sold.
The 72,866-square-foot industrial property, strategically situated in South Florida’s thriving industrial market, presents a significant opportunity for Longpoint Partners to expand its portfolio in the region.
Cushman & Wakefield’s Miguel Alcivar, Stuart Gordon and Matthew Bittel along with Marcus & Millichap’s Derrick Dougherty represented the seller in the transaction.
On January 10, a developer filed Broward County’s first lawsuit under the Act, after the City of Hollywood blocked a proposed 17-story mixed-use development that would bring affordable housing to Hollywood Beach.
This exciting new destination is set to open in early 2026 and will offer a mix of indoor and outdoor dining, entertainment, and year-round activations to enhance the fan experience.
The facilities facilities are slated to open in 2027.
He will replace former market lead Rod Barnes, who retired in December after a successful 15-year tenure at JLL.
The asset is among the tallest office buildings in Sunrise and is the only property in the submarket with garage parking, adjacent hospitality and walkable retail.
The transaction was facilitated by CBRE’s Senior Vice President Amy Julian and First Vice President Andrew Chilgren.
Larry Genet and Tom O’Loughlin with CBRE represented IOV in the lease transaction and are the exclusive representatives for the property and are positioning the development’s ability to meet the needs of e-commerce, distribution, corporate headquarters or manufacturing operations with heavy parking requirements.
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