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City: Tamarac
Apartment Redevelopment Under Way in Tamarac, Fla.
South Florida Business Journal A joint venture of Cypress Equity Investments and Eden Multifamily is redeveloping a Tamarac, Fla., office and retail building into 212 apartment units. Wells Fargo Bank provided the development venture with a $23.66 million construction loan. ...
7401 NW 57th St.
Ladder Capital Finance provided $10.08 million of acquisition financing. The property, which was built in 1976, is anchored by a Planet Fitness gym. Other tenants include the Check Cashing Store, Metro Diner, Menchie's Frozen Yogurt and the Color Me Candy ...
5500-5548 NW 31st Ave.
Lincoln Avenue Capital has paid $17 million, or $136,000/sf, for the Prospect Park Apartments, a 125-unit affordable-housing property in Tamarac, Fla. SunTrust Bank lent the buyer $16.25 million to facilitate its purchase.
8650 NW 61th St.
An affiliate of Prism Multifamily Group has paid $47 million, or about $161,512/unit, for the 72 West Apartments in Tamarac, Fla. New York Community Bank provided a $35.25 million loan to the buyer.
Hidden Harbour Apartments/8800 NW 78th Court and 8900 NW 77th Court
Berkeley Point Capital provided a $31.5 million mortgage to the buyer for its purchase.
Greenview Apartments/10000-10163 Nob Hill Circle
Pacific National Bank provided a $9.63 million loan for the purchase.
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