David Simon Passes Away After Battle with Cancer
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CREFC’s Lisa Pendergast Retiring in August
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South Florida Business Journal Bowery Properties has bought Cascades at the Hammocks, a 264‑unit apartment property in Miami, for $65.5 million, or $248,106/unit. The local investor purchased the three-story complex from an affiliate of Grand Peaks Properties of Denver, which ...
South Florida Business Journal An affiliate of Property Reserve, the real estate investment arm of the Church of Jesus Christ of Latter‑day Saints, has paid $240 million, or $526,316/unit, for Uptown Boca Villas, a 456‑unit apartment complex in Boca Raton, ...
The buyer financed its purchase in part with a $41.4 million mortgage from Ocean Bank of Miami. Westside Plaza I and II, at 8200 and 8400 NW 33rd St., were built in 1996 and 1998, respectively, and are 98% leased ...
A venture between Sculptor Real Estate and Trinity Investments has paid $835 million, or $1.03 million/room, for the 809-room JW Marriott Marco Island Beach Resort on Marco Island, near Naples, Fla. The venture bought the property, which was developed in ...
South Florida Business Journal An affiliate of D&F Development Group has bought the Prestige at Palm‑Aire, a 39‑unit townhome rental community in Pompano Beach, Fla., for $25.9 million, or $664,103/unit. The Singer Island, Fla., company acquired the property from an ...
South Florida Business Journal LeFrak Organization has bought Harbour at New River, a 337‑unit apartment building in downtown Fort Lauderdale, Fla., for $180 million, or $534,125/unit. The New York company purchased the 36-story property from its developer, a venture of ...
Commercial Property Executive Constellation Real Estate Partners is starting work this month on a 251,162-square-foot industrial project at 7351 Muck Pond Road in Dover, Fla., about 21 miles east of Tampa International Airport. The Houston company recently paid York Developments of Hattiesburg, Miss., $6.5 ...
Yield Pro Providence Real Estate has lined up $60.24 million of Freddie Mac financing against the 390-unit 2211 Grand Isle Apartment Homes in Brandon, Fla. Walker & Dunlop arranged the floating-rate loan against the property, which was built in 1999 ...
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