Pinnacle Holdings of Florida Inc. concluded its 30-year hold on Rancho Las Palmas, a 112-unit multifamily property in Tempe, AZ. The Boca Raton company sold the property at 1249 E. Spence Ave. to Phoenix-based Rincon Partners Ltd. for $18 million ($160,714 per unit). The sale was ...
South Florida Shows Its StrengthMiami’s multifamily performance remained consistent in the face of economic hurdles, striking a balance across fundamentals, according to the latest Yardi Matrix Miami multifamily market report. Average advertised asking rents stayed flat on a trailing three-month basis...
Related to Multifamily Properties Multifamily Property means any real property on which multifamily residential-use development has been constructed or is now or hereafter proposed to be constructed (for example, and not by way of limitation, a property of the type managed by the Company). Multi...
Gridline Properties Brokers Development Sale For Planned Live Local Act Project In Miami December 2, 2024/in Industry News, Miami-Dade County Multifamily, Miami-Dade County Retail, Multifamily, NA, Retail /by ADMIN / The property is situated on a corner lot at the high-traffic intersection ...
We help investors buy and sell multifamily assets in Florida. Our results are as unique as our marketing and sales process.
Finding attractive properties is one thing. In today’s tight underwriting market, financing your sale can be more difficult. For distressed sales from a bank orforeclosureauction, veteran investors recommend paying cash. If you can’t come up with a cash offer, you can improve your chances of...
Client(s)Wells Fargo Bank, National Association Jones Day represented Wells Fargo Bank, National Association, as administrative agent, in connection with a $108 million term loan facility secured by four multifamily properties in Florida, C...
We provide brokerage and consulting services to regional and local banks for their commercial real estate assets. The total asset value of our prior assignments across Florida exceeds $70M. Florida Bradenton Area Hotel We established a vision and curated potential buyers for the sale of land for ...
GLOBAL: Investcorp has acquired a portfolio of five, 96% occupied, multifamily residential properties comprising 1,854 units across suburban residential areas of Atlanta, Georgia; Baltimore, Maryland; and Jacksonville, Florida in the US for approximately US$330 million, according to a press release...
Mac funded $83 billion in multifamily loans, accounting for approximately 27% of total multifamily lending, according to the Mortgage Bankers Association. Freddie Mac Multifamily supports the acquisition, refinance and rehabilitation of multifamily properties through their different multifamily loan ...