tradedmiami - Tumblr blog

[tradedmiami]

SALE IMAGE: Eyal Peretz DATE: 04/25/2024 ADDRESS: 2961 & 2967 Bird Avenue MARKET: Miami ASSET TYPE: Mixed-use BUYER: Patrizio De Brasi SELLER: Eyal Peretz - Fuse Group SALE PRICE: $8,100,000 NOTE: Lender Fuse Group sold two unfinished Coconut Grove buildings linked to defaulted loans from separate developers, with an entity led by Patrizio De Brasi acquiring the building shells at 2961 and 2967 Bird Avenue in Miami for $8.1 million. The sale follows failed projects by Metronomic and embattled developer Douglas Cox, with Fuse acquiring the properties through bankruptcy proceedings and subsequently selling them, reflecting challenges in Coconut Grove's development landscape. #Miami #RealEstate #tradedmia #MIA #Mixeduse #EyalPeretz #FuseGroup #PatrizioDeBrasi

[tradedmiami]

SALE IMAGE: Adam H. Klein, Cleveland Sainpreux & Elon Gerberg DATE: 04/24/2024 ADDRESS: 830-890 Southwest 27th Avenue MARKET: Fort Lauderdale ASSET TYPE: Retail BUYER: Mikhail Galkin SELLER: Donald Purcell BROKERS: Elon Gerberg (@EdGofroi), Cleveland Sainpreux (@ClevelandSainpreux) & Adam H. Klein (@AdamhKlein.Roigroup) - SVN (SVN_CommercialPartners) SALE PRICE: $1,200,000 SF: 8,264 ~ PPSF: $145 NOTE FROM BROKER: Cleveland Sainpreux, Elon Gerberg, and Adam H. Klein from SVN Commercial Partners facilitated the deal for both the buyer and the seller. The property was on the market for 22 days, and the buyer, Mikhail Galkin, successfully closed the transaction in just 34 days. Due to ongoing environmental remediation, traditional financing was not available. For more information, contact the ROI Group at SVN Commercial Partners, Cleveland Sainpreux (Cleveland.Sainpreux@SVN.com, 561.485.1655), Elon Gerberg (Elon.Gerberg@SVN.com, 561.485.1129), or Adam H. Klein (Adam.Klein@SVN.com, 516.445.3070). Follow us for exclusive listings and commercial real estate investment sales tips - https://linktr.ee/roigroupofsvn #Miami #RealEstate #tradedmia #MIA #TradedPartner #FortLauderdale #Retail #ElonGerberg #ClevelandSainpreux #AdamHKlein #SVN #DonaldPurcell #MikhailGalkin

[tradedmiami]

SALE IMAGE: Natalia Hunter DATE: 03/25/2024 ADDRESS: 1125 West Cypress Drive MARKET: Pompano Beach ASSET TYPE: Single Family BROKER: Natalia Hunter (@NataliaHunterRealty) - Natalia Hunter Realty ASKING PRICE: $1,785,000 SALE PRICE: $1,750,000 SF: 5,944 ~ PPSF: $294 NOTE FROM BROKER: Natalia Hunter Realty has set a groundbreaking record with a sale of over $1.7 Million at Palm AIre Country Club, marking the highest transaction ever in this vibrant Community #Miami #RealEstate #tradedmia #MIA #TradedPartner #PompanoBeach #SingleFamily #NataliaHunter #NataliaHunterRealty

[tradedmiami]

UNDER CONTRACT IMAGE: Peter Wallace, Stephen A. Schwarzman, Arthur E. Levine & Matthew Frankel DATE: 04/25/2024 ADDRESS: Retail Portfolio MARKET: United States ASSET TYPE: Retail BUYER: Stephen A. Schwarzman & Peter Wallace - Blackstone (@Blackstone) SELLER: Arthur E. Levine & Matthew Frankel - Levine Leichtman Capital Partners SALE PRICE: $2,000,000,000 UNITS: 1,400 ~ PPU: $1,428,571 NOTE: A New York City private equity firm is set to acquire the Florida-born smoothie restaurant chain Tropical Smoothie Cafe for $2 billion, expanding its footprint across 44 states, including central Pennsylvania. Blackstone, the buyer, highlighted Tropical Smoothie's growth and loyal customer base as key factors driving its investment in franchise businesses. #Miami #RealEstate #tradedmia #MIA #UnitedStates #Retail #ArthurELevine #MatthewFrankel #LevineLeichtmanCapitalPartners #StephenASchwarzman #PeterWallace #Blackstone

[tradedmiami]

LOAN IMAGE: Hector Castro & Ricardo Acevedo DATE: 04/23/2024 MARKET: Davie, Broward County, South Florida ASSET TYPE: Development Site ~ SFR: 12 ~ SF: 48,280 ~ BSF: 108,000 LENDER: Hector Castro & Ricardo Acevedo (@rickyacevedomaggi) (ricardo.acevedo@equitylendingsolutions.com) - Equity Lending Solutions (@EquityLendingSolutions) LOAN AMOUNT: $10,809,493.40 LOAN TYPE: Construction Loan LOAN TERMS: Interest Only, 24 Months, No Prepayment Penalty NOTE FROM LENDER: In less than 21 days, Equity Lending Solutions orchestrated a $10.8MM ground-up construction loan for 12 luxury homes in Davie, Florida. Our unrivaled expertise continues to fuel profitable ventures for clients across Florida and throughout the United States. Join us in paving the way to financial success #Miami #RealEstate #tradedmia #MIA #TradedPartner #Davie #DevelopmentSite #HectorCastro #RicardoAcevedo #EquityLendingSolutions #Investment

[tradedmiami]

SALE IMAGE: Eduardo Toledo & Jonathan De LaRosa DATE: 04/24/2024 ADDRESS: 204 Valencia Avenue MARKET: Coral Gables ASSET TYPE: Retail BUYER: Karina Garcia (@KarinaGarcia88) & Game Properties Karina Garcia SELLER: Glen Spivey BROKERS: Jonathan De LaRosa (@J_DLR_) & Eduardo Toledo (@EdToledo) - Marcus & Millichap (@MarcusMillichapinc) ASKING PRICE: $4,000,000 SALE PRICE: $3,987,500 SF: 5,755 ~ PPSF: $693 #Miami #RealEstate #tradedmia #MIA #TradedPartner #CoralGables #Retail #JonathanDeLaRosa #EduardoToledo #MarcusandMillichap #GlenSpivey #KarinaGarcia #GamePropertiesKarinaGarcia

[tradedmiami]

SALE IMAGE: Jamie Rose Maniscalco & Elina Stolyar DATE: 04/25/2024 ADDRESS: 1200 South Federal Highway MARKET: Dania Beach ASSET TYPE: Retail BUYER: Haim Yehezkel SELLER: Daniel Chteinberg BUYER'S REP: Jamie Rose Maniscalco (@Jamie_r0se) & Elina Stolyar (@Ms_Elina27) - The Alpha Commercial (@TheAlphaCommercial) SALE PRICE: $2,175,000 SF: 6,970 ~ PPSF: $312 #Miami #RealEstate #tradedmia #MIA #TradedPartner #DaniaBeach #Retail #JamieRoseManiscalco #TheAlphaCommercial #ElinaStolyar #DanielChteinberg #HaimYehezkel

[tradedmiami]

SALE IMAGE: Alejandro Gershanik DATE: 04/12/2024 ADDRESS: 5541 Northwest Miami Court MARKET: Miami ASSET TYPE: Multifamily BUYER: Alejandro Gershanik SELLER: Gustaf Arnoldsson BUYER’S REP: Alejandro Gershanik (@AleGershanik) - BM2 Realty (@BM2_Realty) SELLER’S REP: Joseph Thomas (@ThomasDuncanTeam) - Marcus & Millichap (@MarcusMillichap_Fl) SALE PRICE: $1,500,000 UNITS: 8 ~ PPU: $187,500 SF: 2,753 ~ PPSF: $545 #Miami #RealEstate #tradedmia #MIA #TradedPartner #Multifamily #JosephThomas #MarcusandMillichap #AlejandroGershanik #BM2Realty #GustafArnoldsson

[tradedmiami]

SALE IMAGE: Moshe Popack, Barry Sternlicht & Yaffa Popack DATE: 04/24/2024 ADDRESS: 3401, 3601 Southwest 160th Avenue, 2901 & 2801 SW 149th Ave MARKET: Miramar ASSET TYPE: Office BUYER: Moshe Popack (@MoshePopack) & Yaffa Popack - YMP Real Estate Management SELLER: Barry Sternlicht (@Fourseasonsresortresidences) - Starwood Capital Group LENDER: Bb Americas Bank (@BB.Americas) SALE PRICE: $45,000,000 SF: 373,200 ~ PPSF: $121 NOTE: Starwood Capital Group sold a Miramar office portfolio for $45 million, marking a 45 percent discount from its purchase nine years ago. YMP Real Estate Management bought a majority stake in the 373,200-square-foot portfolio, with Nathan Pollack purchasing the remaining interest, securing a $31 million loan from Banco do Brasil Americas. The portfolio, previously purchased by Starwood for $82 million in 2015, reflects challenges in the commercial real estate market amidst rising vacancies and sublease availability, despite South Florida's appeal to out-of-state businesses. #Miami #RealEstate #tradedmia #MIA #Miramar #Office #BarrySternlicht #StarwoodCapitalGroup #MoshePopack #YaffaPopack #YMPRealEstateManagement

[tradedmiami]

LEASE IMAGE: Jacqueline Oliva & David Hunt Solomon DATE: 04/16/2024 ADDRESS: 601 Brickell Key Drive #510 MARKET: Miami ASSET TYPE: Office TENANT’S REP: David Hunt Solomon (@DavidHuntSolomon) & Jacqueline Oliva (@Jacqueline.RealEstate) - Berkshire Hathaway HomeServices (@BHHSRealEstate) RENT: $90/ft. ~ SF: 3,968 LEASE TERM: 3 years #Miami #RealEstate #tradedmia #MIA #TradedPartner #Office #DavidHuntSolomon #JacquelineOliva #BerkshireHathawayHomeServices #brickell #Brickellkey #luxurylease #fintech #internationalbusiness #dhs #justleased #commerciallease

[tradedmiami]

LOAN IMAGE: Jovi Rodriguez & Melissa Rose DATE: 04/17/2024 ADDRESS: 9500-9901 Satellite Boulevard MARKET: Orlando ASSET TYPE: Industrial ~ SF: 256,838 LANDLORD: Harbert Management Corporation BROKERS: Melissa Rose (@MRose2110) & Jovi Rodriguez (@JoviRodriguez) - JLL (@JLL) LOAN AMOUNT: $26,150,000 LOAN TYPE: Acquisition Loan LOAN TERMS: 5 year term, 3 years interest only, $3.15M in future funding #Miami #RealEstate #tradedmia #MIA #TradedPartner #Orlando #Industrial #HarbertManagementCorporation #MelissaRose #JoviRodriguez #JLL

[tradedmiami]

LEASE IMAGE: David Sinopoli, Linn Ahsberg, Coloma Kaboomsky, Shai Ben Ami & Davide Danese DATE: 04/01/2024 ADDRESS: 151 Southeast 1st Street MARKET: Miami ASSET TYPE: Office LANDLORD: Shai Ben Ami - Clearspaces Florida LP TENANT: David Sinopoli, Davide Danese & Coloma Kaboomsky - Space Invaders (@SpaceMiami) BROKERS: Shai Ben Ami (@ShaimBenAmi) & Linn Ahsberg (@LinnAhsberg) - Urban Core ASKING RENT: $55/ft. ~ SF: 7,822 #Miami #RealEstate #tradedmia #MIA #TradedPartner #Office #DavidSinopoli #DavideDanese #ColomaKaboomsky #SpaceInvaders #ClearspacesFloridaLP #ShaiBenAmi #UrbanCore #LinnAhsberg

[tradedmiami]

SALE IMAGE: Michael Stern DATE: 04/24/2024 ADDRESS: 888 Brickell Avenue MARKET: Miami ASSET TYPE: Office ~ ACRES: 0.52 BUYER: Michael Stern - JDS Development Group (@JDSDevelopmentGroup) SELLER: Mashud A. Mezerhane - Alphatur Inc. LENDER: G4 Capital Partners SALE PRICE: $61,230,000 NOTE: JDS Development Group, headed by Michael Stern, acquired the 52-year-old office building at 888 Brickell Ave. in Miami's Brickell Financial District for $61.23 million. The developer plans to replace the building with a Dolce & Gabbana-branded tower, featuring 250 condo hotel units and various amenities, in collaboration with Studio Sofield.The seller, Alphatur Inc., headed by Mashud A. Mezerhane, originally purchased the building for $6.3 million in August 1984. #Miami #RealEstate #tradedmia #MIA #Office #MashudAMezerhane #AlphaturInc #MichaelStern #JDSDevelopmentGroup #G4CapitalPartners

[tradedmiami]

SALE IMAGE: Bobby Berrido DATE: 04/22/2024 ADDRESS: 251 Hibiscus Drive MARKET: Miami Springs ASSET TYPE: Multifamily BUYER: Alonso Pierre SELLER: Thomas Hutchings BROKER: Bobby Berrido (@BrokerbobbyB) - Fausto Commercial Realty Consultants (@FaustoCommercial) SALE PRICE: $2,900,000 UNITS: 12 ~ PPU: $241,667 SF: 6,696 ~ PPSF: $433 #Miami #RealEstate #tradedmia #MIA #TradedPartner #MiamiSprings #Multifamily #BobbyBerrido #FaustoCommercialRealtyConsultants #ThomasHutchings #AlonsoPierre

[tradedmiami]

SALE IMAGE: Lisa Mastronardi, Farrah Scott & Christopher B. Scott DATE: 03/25/2024 ADDRESS: 312 Monceaux Road MARKET: West Palm Beach ASSET TYPE: Single Family SELLER: Christopher B. Scott (@CScott828) & Farrah Scott (@FarrahkScott) BUYER’S REP: Lisa Mastronardi (@LisaMastronardirealestate) - Sotheby’s International Realty SELLER’S REP: Farrah Scott (@FarrahScottrealestate) - Douglas Elliman (@DouglasEllimanFlorida) SALE PRICE: $4,350,000 SF: 3,140 ~ PPSF: $1,385 NOTE FROM SELLER’S REP: Introducing Villa Monceaux: A timeless masterpiece in West Palm Beach’s prestigious El Cid/Prospect Park area, boasting the highest price per square foot ever between Dixie Hwy and S Olive Ave in the 33405 area. Designed by Christopher & Farrah Scott from Scott Homes, this meticulously re-designed 2023 construction home blends classic charm with modern luxury, setting a new standard in the market. “Our vision was to create a home that seamlessly blends classic architectural elements with modern amenities,” said Farrah Scott. Villa Monceaux offers a sanctuary for luxurious living, embodying sophistication at every turn. #Miami #RealEstate #tradedmia #MIA #TradedPartner #WestPalmBeach #SingleFamily #FarrahScott #LisaMastronardi #SothebysInternationalRealty #ChristopherBScott #DouglasElliman

[tradedmiami]

SALE IMAGE: Ryan Wold, Ethan Krauss & Dan Dratch DATE: 04/15/2024 ADDRESS: 3316 Southeast 5th Street MARKET: Pompano Beach ASSET TYPE: Multifamily BUYER: Ram Almog SELLER: Greg Migliorisi BROKERS: Ethan Krauss (@EthanKrauss), Dan Dratch (@Big_Smoothie_) & Ryan Wold (@DJSunsett) - Franklin Street (@FranklinStreet.CRE) SALE PRICE: $1,357,000 UNITS: 6 ~ PPU: $226,167 SF: 3,223 ~ PPSF: $421 #Miami #RealEstate #tradedmia #MIA #TradedPartner #PompanoBeach #Multifamily #EthanKrauss #DanDratch #RyanWold #FranklinStreet #GregMigliorisi #RamAlmog

[tradedmiami]

LOAN IMAGE: Melissa Marcolini, Joshua Odessky, Max La Cava, Pier Barinci & Kenny Cutler DATE: 04/01/2024 ADDRESS: 1851 Encantado Way MARKET: Kissimmee (Orlando MSA) ASSET TYPE: Multifamily ~ UNITS: 210 LANDLORD: Trusot Developments LANDLORD'S REP: Max La Cava (@Max_La_Cava), Melissa Marcolini Quinn, Kenny Cutler, Joshua Odessky & Pier Barinci - JLL (@JLL) LOAN AMOUNT: $43,000,000 LOAN TYPE: Bridge Loan #Miami #RealEstate #tradedmia #MIA #TradedPartner #Kissimmee #Multifamily #TrusotDevelopments #MaxLaCava #MelissaMarcoliniQuinn #KennyCutler #JoshuaOdessky #PierBarinci #JLL