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South Florida Business Journal Longpoint Partners has paid $38.8 million, or $319.13/sf, for a two-building industrial property totaling 121,579 square feet in Medley, Fla. The Boston investor purchased the property from Martha and Ruben Artiles. Axiom Capital Advisors represented the ...
RPM Living has paid $151.4 million, or $398,421/unit, for Biscayne Shores, a 380‑unit residential complex in Miami. The Austin, Texas, multifamily investor acquired the property from a venture of Integra Investments, Korgeous Group, and DCL Capital. CBRE brokered the deal. ...
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 had acquired it in ...
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 ...
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 affiliate of Pulso Capital ...
LeFrak financed its purchase with a $100 million mortgage from Northwestern Mutual Life Insurance Co. The loan has a 10‑year term.
They are 75% occupied by tenants that include Bank of America and Carrier.
South Florida Business Journal An affiliate of Global Fund Investments has paid $17.25 million, or $114.59/sf, for the 150,537-square-foot Oakland Park Festival Center in Oakland Park, Fla. The Sunrise, Fla., investor purchased the retail property from a partnership of Hudson ...
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