South Florida Business Journal TD Bank has provided $60 million of construction financing for The Elan Apartments in Lake Worth, Fla., about 16 miles southwest of West Palm Beach, Fla. Greystar of Charleston, S.C., recently broke ground on the project, ...
South Florida Business Journal PrimeMed Realty has sold the Lake Worth Medical Center, a 31,847-square-foot medical-office building in Lake Worth, Fla., for $15 million, or about $471/sf. The Miami company sold the property, which sits on a 1.8-acre site at ...
South Florida Business Journal AHS Residential has sold a pair of nearby apartment properties totaling 334 units in Lake Worth, Fla., for $81.5 million, or about $244,013/unit. The Miami company sold the Village at Lake Osbourne, with 118 units at ...
When One Real Estate purchased the property, it had funded it with a $19.2 million loan that was securitized through FREFM, 2018-K733. The loan has amortized to $18.89 million and is locked out from prepayment until August 2023. It pays ...
A Florida investor group has paid $35.4 million, or $221,250/unit, for the 160-unit Oakwood Apartments near Palm Beach State College in Lake Worth, Fla. The group, Oakwood Townhomes LLC, bought the property from One Real Estate Investment of Miami, which ...
South Florida Business Journal A venture of Prospect Real Estate Group and Midtown Capital has lined up $28.7 million of construction financing for the development of the Adventis Lake Worth apartment property in South Florida. Pensam Capital was the lender. ...
South Florida Business Journal Local land owner Sheldon Rubin wants to build a 378-unit multifamily property with a 23,790-square-foot retail component in Lake Worth, Fla. It is being planned for a 25.8-acre site at 8450 Lake Worth Road, which currently ...
South Florida Business Journal FCI Residential has lined up $52.5 million of construction financing for the development of a 370-unit apartment property in Lake Worth, Fla. The property, dubbed Catalina at Lake Worth, is being built on 30 acres at ...
The buyer assumed a $27.5 million Fannie Mae loan against the property, which was built in 2013.
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