BAS Holdings Investments’s Redwood Dev Co Secures $24M Loan For Workforce Housing Community
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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The Miami-based developer is building the five-story project on a 2.1-acre property at 13800 NW 22nd Ave.
The British Consulate will occupy the entire penthouse floor.
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.
The 157-room hotel underwent a property-wide renovation in 2016 that repositioned the hotel as a luxury lifestyle, industry-leading hotel in the market.
Six building structures were cleared to accommodate the new 45-story, twin tower mixed-use project.
JLL Capital Markets arranged the sales of the 70,288-square-foot Shops at Sunset Lakes in Miramar, Florida and the 109,811-square-foot Town Center Shops at Jensen Beach.
Benjamin H. Silver and Charlie Manuel with CBRE represented the seller and procured the buyer.
The committee will assist in shaping the company’s strategy and direction, provide market guidance and expertise, review investment opportunities, and offer important perspectives and feedback.
Franklin Street’s South Florida Investment Sales Team of Greg Matus, Adam Tiktin and Alex Lazo, along with Red Rock Realty’s Norman Matus, arranged the sale on behalf of the seller.
The 61-acre site features building sizes ranging from 100,000-400,000 square feet, with approval for up to 700,000 square feet of industrial development.
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