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Multi-Housing News FAVO Capital has bought 1818 Park, a 273-unit apartment building in Hollywood, Fla., for $190 million, or $695,971/unit. The Fort Lauderdale, Fla., finance company purchased the property from its developer, GCF Development of Hollywood, which will become an ...
South Florida Business Journal Hersh Equity Group has bought a 230,000-square-foot industrial property in West Park, Fla., for $47.25 million, or $205.43/sf. The Boynton Beach, Fla., company purchased the six-building complex, at 5801-5897 SW 21st St., 5901-5981 SW 21st St., ...
The Real Deal CIM Group has recapitalized the Lot at Formosa, an 11-acre studio campus at 1041 North Formosa Ave. in Hollywood, Calif., allowing it to pay off a $150 million loan against the property held by AllianceBernstein. Blue Sky ...
South Florida Business Journal Calta Group has lined up $53.69 million of financing for the construction of Caltopia Hollywood, a 251-unit apartment complex in Hollywood, Fla. Forman Capital of Boynton Beach, Fla., provided the loan, which was arranged by Lenders ...
South Florida Business Journal Pulso Hollywood LLC has bought a portfolio of 16 apartment buildings with a total of 84 units in Hollywood, Fla., for $15.4 million, or about $183,333/unit. Lomar Property Group of Hollywood sold the portfolio in a ...
A venture of Trinity Real Estate Investments and Credit Suisse is lining up $575 million of financing against the 1,000-room Diplomat Beach Resort in Hollywood, Fla. The financing consists of a $452 million mortgage from Citi Real Estate Funding and ...
South Florida Business Journal A venture that consists of CapitALL Group, Ark Ventures and ROC Capital has been approved to build the 200-unit Jackson Street Apartments in Hollywood, Fla. The 14-story project will be built on a 0.84-acre development site ...
South Florida Business Journal BankUnited has provided $45.5 million of construction financing for the Tropic Apartments, a 223-unit project that recently broke ground in Hollywood, Fla. Affiliated Development of Fort Lauderdale, Fla., is constructing the 18-story property on 1.02 acres ...
FundRebel has paid $62 million, or about $274,336/unit, for Nine Hollywood, a 226-unit apartment property that recently opened in Hollywood, Fla. The New York REIT, which raises money through the crowdfunding market, bought the 18-story property from Jackson Street Development ...
South Florida Business Journal FundRebel has paid $62 million, or about $274,336/unit, for Nine Hollywood, a 226-unit apartment property that recently opened in Hollywood, Fla. The New York REIT, which raises money through the crowdfunding market, bought the 18-story property ...
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