JV Closes On $50M Off-Market Brickell Assemblage, $30.5M Loan
The site was acquired from Two Roads Development and Newgard Development Group.
The site was acquired from Two Roads Development and Newgard Development Group.
Designed to provide a single-family home experience, the residences range from 3,300 to nearly 13,000 square feet and offer in-unit elevator access and a private parking garage with each unit.
South Florida-based Two Roads Development acquired the 3.5-acre prime waterfront site with plans for an ultra-luxury branded residential property.
The portfolio consists of three waterfront sites, totaling 1.36 acres, each with site plan approval already in-place for the development of a luxury mid-rise condominium with high-end amenities.
In one of the transactions, the buyer went under contract within one day of listing the space.
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