Berkadia arranged the sale and financing of Stellar at Palm Aire, a new build-for-rent community with 39 townhomes located in the Palm Aire Country Club in Pompano Beach.
The property sold to Pulso Capital, a Fort Lauderdale-based company for $21.5 million, or $551,282 per unit.
Berkadia Miami's senior managing directors Roberto Pesant and Jaret Turkell, director Yoav Yuhjtman, associate director Omar Morales and senior analyst Jose Mota marketed the property on behalf of Stellar Communities, a real estate development company.
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Melea VanOstrand
Melea VanOstrand oversees the Daily Business Review as ALM's Florida Bureau Chief. Email Melea at [email protected] or follow her on her Twitter or Facebook pages.
