South Florida Business Journal Somerset Grove LLC has bought Somerset IV & V, a 612-unit apartment property in Lauderdale Lakes, Fla., for $77.12 million, or about $126,013/unit. The Spring Valley, N.Y., company bought the property, which sits on a 36.1-acre ...
South Florida Business Journal An affiliate of Current Capital Group has bought two retail properties totaling 163,794 square feet in Lauderdale Lakes, Fla., for $23.75 million, or about $145/sf. The Hollywood, Fla., company bought the properties from an affiliate of ...
South Florida Business Journal Axonic Properties has bought the Bella Vista Apartments, a 315-unit complex in Lauderdale Lakes, Fla., for $63.63 million, or $202,000/unit. The New York company purchased the property from Integra, a Miami developer, in a deal brokered ...
South Florida Business Journal An affiliate of the Frankforter Group has sold the 420-unit Pacific Point Apartments in Lauderdale Lakes, Fla., for $150 million, or about $357,143/unit. The Montreal company sold the property to an affiliate of JBS Capital Group ...
South Florida Business Journal A fund managed by Peak Capital Partners has paid $16.92 million, or about $68,780/unit, for the 246-unit St. Croix apartments in Lauderdale Lakes, Fla. Cornerstone Group sold the affordable-housing property, which sits on 11.2 acres at ...
Atlantic Cypress Creek. Arbor Private Label provided $74 million of acquisition financing that was arranged by FM Capital. The interest-only loan pays a 3.8 percent coupon.
Ocean Bank provided $9.6 million of financing for the purchase.
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