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Berkadia Managing Directors Scott Wadler, Brad Williamson, and Matt Robbins, Senior Managing Director Mitch Sinberg, and Vice President Michael Basinski of Berkadia South Florida arranged the loan on behalf of the Miami-based sponsors.
The approved plans included 180 residential units, 70 hotel rooms and 9,508 square feet of ground-floor retail.
CBRE’s Brian McDonnell, Bill Sheehy, and Thomas Haughton represented TransLoop in the transaction. CBRE’s John Criddle, Joe Freitas and Allie Lancashire represent the landlord, Ivy Realty.
VSRE has also been contracted to develop apartment buildings, retail, and offices.
The residential community will cater to residents earning up to 60% of the area’s median income.
Located at 6600 N. Military Trail, the campus includes 650,000 square feet of office buildings on nearly 29 acres overlooking the Broken Sound Country Club’s golf course.
The gas station will be the first in Plantation on the south side of busy Broward Boulevard between Flamingo Road and U.S. 441.
JLL represented the seller and procured the buyer.
Next, Latitude Group will pursue the construction permit at the 59,000-square-foot site at 12-24 Crandon Blvd.
The Miami-based developer is building the five-story project on a 2.1-acre property at 13800 NW 22nd Ave.
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