Brothers Gain 700% On Hollywood Property In 5 Months, Net $42 Million
Memorial Healthcare System paid $49 million for the property with plans to redevelop the property into “a wellness hub.”
Sperry Commercial Global Affiliates | RJ Realty’s Ron Osborne Closes Two Property Sales Totaling $7.55 Million
“The market is a shifting from a Seller’s market to a market-in-equilibrium and depending on future interest rate increases, it could shift to a Buyer’s market,” commented Osborne. “Demand is high for all asset classes and certain property types that are harder to locate and in demand and are trading quickly at top values like the 1771 S State Road 7 property.”
CRE-sources’ Top 5 Most Popular Stories This Week
Here are the most popular news headlines this past week on CRE-sources.
Berkadia Arranges $165M Construction Loan Takeout Refinancing For South Florida’s Multifamily Development Of The Year
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.
Foreclosed Wynwood Site Sells For $26M
The approved plans included 180 residential units, 70 hotel rooms and 9,508 square feet of ground-floor retail.
Flagler Global Logistics’ Chris Sutton , Vivo Real Estate Group’s Carlos Velasquez Join Forces, Launch Brokerage
VSRE has also been contracted to develop apartment buildings, retail, and offices.
CRE-sources’ Top 5 Most Popular Stories This Week
Here are the most popular news headlines this past week on CRE-sources.
Azor-Led Partnership Breaks Ground On Wawa In Plantation
The gas station will be the first in Plantation on the south side of busy Broward Boulevard between Flamingo Road and U.S. 441.
Latitude Group’s Key Biscayne Retail-Office Project Gets Big Win At Key Biscayne Council Meeting
Next, Latitude Group will pursue the construction permit at the 59,000-square-foot site at 12-24 Crandon Blvd.
CRE-sources’ Top 5 Most Popular Stories This Week
Here are the most popular news headlines this past week on CRE-sources.