Two 4-plex apartment buildings 100% occupied at the time of listing. Many of the tenants have been there 3 years or longer. Close to University of Florida. Management company is currently in place as this is a turn key investment.
Follow FL-24 W/NE State Rd 24 to SE 11th St in Gainesville.Continue on SE 11th St. Take FL-331 S/SE Williston Rd to SW 26 Way.
Find your listing .. Visit Our Sites USA Lending And Realty .. and The World For Sale
Visit Our Site For “Your full service mortgage and loan pros” … USA Lending Inc
Search for More Listings in Our Loopnet account
To Search in Arabic .. Please Visit Istithmar USA
To Search in Spanish … Please visit propiedad para laventa
Visit the Miami Bright Education Foundation pages and read About it and its articles ….
Contact Emile Ur-cousin Farah
phone: (305) 754-1000
Email: farah@theworldforsale.net
For More information FOLLOW this steps :Investor-Commercial Users
Contact Nader Farah
Nader sells Miami
Nader is an expert
Nader Farah knows real estate
Nader knows more than anyone
Call Nader for all your real estate needs
Nader is the king of real estate
No one sells like Nader
Links For the world:
8 Hidden Costs When Buying a Home
How Much Mortgage Can Your Lifestyle Afford?
4 Beautiful Countertops to Complete Your Kitchen
Which Direction Should You Run Your Wood Flooring?
5 Home Office Upgrades to Complete Your Space
10 Ways to Be More Energy Efficient at Home
Creative Ways to Streamline Your Home with Hidden Power Outlets
Everything You Need to Know About Finishing Your Basement
Suburbia Is Here to Stay, According to New Urban Land Institute Report
The She Shed Wish List
It’s Time to Plan for the New Year!
Cabinet Refinishing vs. Cabinet Refacing: Which Should You Choose?
Two 4-plex buildings being sold together. 3123 and 3117 SW 26th Way is a 8 unit apartment complex with 100% occupancy at the time of listing. Many of the tenants have lived there for 3 years or longer. Management company currently in place. Excellent investment opportunity!
The developers of one of Nashville's largest and highest-profile mixed-use developments have landed a publicly traded health tech company as an anchor tenant for a forthcoming office building.
Find your listing .. Visit Our SitesUSA Lending And Realty.. andThe World For Sale
Visit Our Site For "Your full service mortgage and loan pros” …USA Lending Inc
To Search in Arabic .. Please VisitIstithmar USA
To Search in Spanish … Please visitpropiedad para laventa
Visit the Miami Bright Education Foundation pages and readAbout itandits articles….
RainierTitle
Employment Situation: Nonfarm Payrolls and Civilian Unemployment February 2017
Home of Late ESPN Host John Saunders on the Market for $2.85M
Green Lawns Falling Out of Favor? You’ll Never Guess the Top Landscaping Trends
Get the Look for Less: Tommy Hilfiger’s Magnificent Miami Mansion
From Janitor to Real Estate Mogul, Sean Conlon of ‘The Deed’ Shows How He Made It
Why a Loan for a Tiny Home Can Be a Great Big Pain
Ivanka Trump Gets in Parking Feud With Neighbors: Guess Who’s Right?
7 Wild Paint Jobs We Can’t Decide If We Love or Hate
Industrial Production and Capacity Utilization: January 2017
Retail Sales: January 2017
Mednax Inc. continues its rapid growth with yet another purchase of a physician group.
The Sunrise-based company (NYSE: MD) on Monday announced the purchase of Pediatric Cardiology Associates in Fairfax, Virginia. The acquisition marks the physician services company's eighth acquisition of 2016.
Pediatric Cardiology Associates employs six physicians and four sonographers that provide services to 10 office-based locations and eight hospitals in Northern Virginia and Maryland, including Inova Fairfax Hospital, an 833-bed medical center.
“We chose to join Mednax because of the support and infrastructure that comes with being part of a national medical group," said Sharon Karr, M.D., who will serve as medical director for the practice, in a statement. "We are comfortable knowing we will have clinical autonomy but be relieved of some of the regulatory and reimbursement responsibilities that have become so complex in today’s healthcare environment."
Terms of the cash deal were not disclosed.
"In addition, Mednax’s research, education and quality initiatives will give us the opportunity to engage with other pediatric subspecialty groups and strengthen the continuum of care we offer to our patients," Karr added.
Pediatric Cardiology Associates was established in 1987 and was the first full-time pediatric cardiology practice in Northern Virginia. The practice provides inpatient and outpatient cardiovascular care including diagnosis and treatment of fetuses, infants and children, as well as adults with congenital heart disease.
Mednax's last acquisition was June 20, when the company announced the purchase of White Plains, New York-based Westchester Anesthesiologists.
Brom Inmobiliaro, a real estate company that got its start in Mexico, just closed its $13 million purchase of a Hallandale Beach development site being eyed for a new office tower.
County records show a Brom affiliate picked up four parcels along Southeast 10th Street and at 1010 South Federal Highway, which straddles the line between Aventura and Hallandale Beach.
The contiguous parcels total about 1.74 acres and include two vacant lots, a preschool, parking lot and a basketball court
The sellers are a pair of companies name I & A Miami LLC and Star Holdings Management, which list their managing members as Aharon Vaknin and Raphael Ammar, respectively. They paid a combined $4 million, or $52 per square foot, to assemble the parcels between 2005 and 2006.
Star and I & A filed an application with Hallandale Beach in January to build Optima Plaza North, a new 28-story office tower with 269,556 square feet of space, a ground-floor bank location and 1,013 parking spaces.
Directly to the south, Brom Inmobiliaro has already built Optima Plaza South, a long eight-story building with 346,161 square feet located at 21550 Biscayne Boulevard.
According to its website, Brom Inmobiliaro was founded in Mexico City in 1972 and has since expanded its reach to South Florida. The firm has developed 10 condominium projects in Mexico, and currently has 970,000 square feet of office space under management.
Optima Plaza South was its most recent project outside of Mexico.
While Broward County might not have the same glitz and glamour of its southern cousin Miami-Dade, the county had plenty of big-ticket commercial deals last year that racked up millions.
The Real Deal analyzed data from the CoStar group, an information company, to compile a list of Broward’s biggest commercial buyers during 2015.
#1 Prologis – $407.5 millionPrologis, one of the country’s biggest industrial real estate firms, racked up more pricey property purchases in Broward than any other company.The company sank a total of $407.5 million into 23 properties spread throughout the county, mostly concentrated in Hollywood and Fort Lauderdale.What helped push Prologis to the top this year was its $820 million acquisition of a 21-property portfolio from Morris Realty Associates. Three of those properties were located in Broward, totaling about $69.4 million.
#2 Starwood Capital Group – $281.9 millionSecond on the list was investment firm Starwood Capital Group, headquartered in the wealthy enclave of Greenwich, Connecticut.The firm put $281.9 million down on 13 properties in Broward, most of which were office buildings located in Fort Lauderdale business parks.Not to be outdone, Starwood also closed on a massive commercial sale last year. The investment firm was one of three buyers that paid $1.1 billion for Duke Realty’s portfolio of 62 properties in the Southeastern United States.Among those properties were eight office buildings in Fort Lauderdale and one in Pompano Beach, which made up the bulk of Starwood’s investment total for Broward County last year. Together, they totaled almost $180 million worth of properties.
#3 Norges Bank – $272.3 millionClose behind Starwood was the Norwegian central bank, which had a serious hankering for South Florida real estate last year.Norges Bank assembled $272.3 million worth of Broward County commercial properties during 2015, landing it in third place for the year’s list of biggest buyers.Those purchases were spread out over 13 properties between Fort Lauderdale, Hollywood, Pompano Beach, Hallandale and Dania Beach.All 13 were purchased in a joint-venture with Prologis — our No. 1 contender — as part of the $5.9 billion acquisition of KTR Capital Partners’ portfolio of 322 distribution properties throughout the U.S.Norges Bank is one of many foreign sovereign wealth funds picking up big chunks of U.S. real estate.
#4 TIAA-CREF – $238.8 millionTIAA-CREF is a Fortune 100 company that provides pensions for teachers and other professionals. It’s also one of the country’s largest real estate investment companies, and holds the No. 4 spot on the list of Broward’s biggest commercial buyers.The company spent $238.8 million on Broward County properties last year. The interesting part? That was split between just two purchases.In the first deal, the financial giant picked up Orlando-based Zom’s Casa Palma apartment complex in unincorporated Broward for nearly $90 million.Next, TIAA-CREF paid the Related Group an incredible $149 million for its Manor at Flagler Village apartment project in Fort Lauderdale.
#5 Global Logistics Properties – $187.7 millionLast but certainly not least is Chicago-based Global Logistics Properties, a multinational real estate firm that specializes in — you guessed it — logistics properties.Last year, GLP put down an impressive $187.7 million for 11 Broward County properties, all but one of which was located in Fort Lauderdale.The commercial giant continued this list’s trend of massive portfolio deals with its purchase an Industrial Income Trust assemblage in a deal valued at $4.55 billion.In Broward, that portfolio’s biggest piece was Sunrise Distribution Center in Fort Lauderdale. It alone fetched $43.8 million.
Property records revealed Friday the price of a Massachusetts-based company’s hotel acquisition in Pompano Beach: $24.8 million. In September, the Claremont Companies acquired the Residence Inn by Marriott for an unknown amount and began managing the property, which has a litigious history dating back to 2002.
At the time of the sale, $21.5 million in financing for the deal was issued by U.S. National Bank. The newly released price breaks down to $281,818 per room. The beachfront hotel, at 1350 North Ocean Boulevard, has 88 hotel rooms, a wedding chapel, two swimming pools, an on-site restaurant and 2,500 square feet of conference space.
Its largest amenity is a 20,000 square foot fitness and spa facility. It was once an independent condo-hotel called the Spa Atlantis Ocean Resort, where investors purchased units and leased them back to the management, which would then rent them out to guests. But a 2003 federal lawsuit alleged the management, Spa Atlantis LLC and Chai Development LLC, stiffed the owners for their payments.
The suit was eventually dismissed in 2005: it’s unknown what agreement the two parties reached, but Chai sold off all the units in bulk to a Minnesota company that same year. Mercury Investment, the property’s new owner, re-branded the condo-hotel as Ocean Sands Spa & Resort Residences, and later brought on Concord Hospitality Enterprises and Aztec Group as partners in 2009.
Then in 2010, the hotel underwent its final re-branding as the Residence Inn by Marriott Pompano Beach/Oceanfront, under which it operates today.
A 63-unit apartment building in the Venetian Isles area of Hollywood has traded hands for $7.2 million.
Jacob El-Harar sold the building at 5230 Hollywood Boulevard to Burke Leighton Asset Management, Emile Farah, CEO of the Farah Group, told The Real Deal. Farah, as well as Jean Kelly and Zena Bardawell of the Farah Group, represented both sides of the transaction.
ew York-based Burke Leighton is a private equity investment company that owns and manages residential and commercial real estate properties, according to its website.
“The buyer is going to keep it as an income producing property,” Farah told TRD. “It’s a beautiful building. It is well kept and it has been totally remodeled and is almost fully leased.”
Farah said Burke Leighton financed the deal with $4.7 million in commercial mortgage backed securities (CMBS) financing, from a group led Miami Beach-based LNR Property that also included Berkadia and KeyBank. “Those loans are not easy to get approved, but our client, the buyer, was approved immediately,” Farah said.
Broward County property records show the building was last purchased in July 2012 for $4.05 million.
Car sharing company car2go said it would launch service in Miami Beach on Oct. 1.
The company will offer 11 surface lots with 26 designated parking spaces for its service in the city. Users can locate a compact-size Smart vehicle on their car2go app or the company website. Once they reach their location, they can leave the car in any city metered space, any residential street within a car2go home area or return it to a car2go designated space.
car2go charges based on vehicle usage by the minute. It’s offering a discounted $10 membership registration with the promo code BEACH .
"Since we came to Miami, we've been working to make car2go the most relevant transportation option for the Miami way of life," said car2go Miami General Manager Luis Campo. "We recently began covering all tolls during car2go trips in Miami, and with this expansion to Miami Beach, we're thrilled to continue improving car2go based on what Miami residents and visitors want most."
The company already serves Miami. It has 31,000 members in the area, including more than 2,500 residents of Miami Beach. Given that the tourist-packed city has problems with traffic congestion and parking, car2go could offer a nice alternative.
"We're thrilled to see car2go expand to Miami Beach," said Miami Beach Mayor Philip Levine. "Miami Beach residents and visitors are increasingly seeking new, environmentally conscious options to move around North, Middle, and South Beach, and carsharing is an important part of realizing that vision."
car2go is owned by Daimler North America Corp.
Developed as a way to efficiently raise capital for real estate projects, RealtyShares has facilitated 20 deals across Massachusetts, Connecticut and Rhode Island totaling more than $15 million invested throughout the region. By leveraging technology and a network of 38,000 accredited investors, the company allows sponsors and developers to potentially raise money faster than traditional financing options.
“New England has a solid residential market and a concentration of metro areas that make for intriguing potential opportunities,” said Mark Masterson, Director of Investments at RealtyShares. “For our platform, we focus on projects that are centrally located, close to public transit or have access to employment centers.”
While also a strong market for commercial opportunities, RealtyShares has focused mostly on the single-family home market in the Northeast. Along with individual properties, the company has completed ten separate portfolio deals encompassing multiple properties per listing. The largest raised $2 million dollars from more than 90 investors from across the country.
6 Tips for Staying Compliant with Fair Housing Laws
Today’s Best Real Estate Blogs
What Are the Best Real Estate Investments? How to Find the Ideal Place to Put Your Money
The 3 Critical Elements of Human Happiness (& Why Unlimited Money Isn’t Enough)
5 Expert Tips to Attract Cream-of-the-Crop Tenants
How to Conduct an Inspection When Your Tenant Moves Out
4 Steps to Take Immediately After Selling Your Rental Property
5 Ways Landlords Can Achieve Better Tenant Stability
Property Depreciation: Why the Tax Benefits Could Come Back to Bite You
Rethinking “Wealthy”: The 5-Step Ladder From Middle Class to Financial Freedom
How to Pay Yourself When Buying an Apartment Building with Investors