Colliers Builds South Florida Retail Investment Momentum With Key New Hire
Over the past three years, he has closed more than $100 million in transactions, earning a reputation as one of South Florida’s most active retail investment brokers.
Over the past three years, he has closed more than $100 million in transactions, earning a reputation as one of South Florida’s most active retail investment brokers.
The financing package includes $124.2 million in C-PACE capital from Nuveen Green Capital (NGC), marking the largest C-PACE-financed multifamily transaction in the state of Florida to date.
The loan, provided by Mexico-based Banco Inbursa, will fund the ongoing development of the 12-story project, which will encompass 146 turn-key residences and 11,000 square feet of retail.
The acquisition marks Ciprés’ second major development project in South Florida and represents a significant expansion northward for the Miami-based company.
This team will be an extension of both Franklin Street’s Investment Sales and Insurance brokerage verticals dedicated to South Florida.
Previously to joining the firm, he served as Vice President at CBRE, where he advised owners of commercial retail and office properties, overseeing transactions ranging from $2 million to $40 million in value.
He will guide Franklin Street in strategic growth initiatives, expanding the firm’s full-service capabilities, talent, and market share across the office, industrial, multifamily, retail and healthcare real estate sectors.
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.
Franklin Street’s South Florida Investment Sales Team of Greg Matus, Adam J. Tiktin and Alex Lazo represented the seller, GSK Hollywood Development Group, LLC.
The buyer is Cochise Capital, a Los Angeles-based investment firm with a growing presence in South Florida.
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