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Just one other market-rate multifamily asset with 100 units or more has been constructed within a three-mile radius of Hangar at Thunderbird since 2010, says a source close to the deal, which has just been traded to Decron Properties for $69 million.
DXD Capital recently completed development here within a Qualified Opportunity Zone, and the firm's principal and fund manager tells GlobeSt.com that people are looking to Daytona for the good weather, amenities and activities, and favorable tax treatment.
The sale of 70-74 NE 40th St. is the last of a three-building retail portfolio sale within Miami's famed Design District, however New York City-based ASG remains bullish on the region and plans to both maintain and grow its presence there.
COLLEGE STATION, TX—Los Angles=based Kennedy Wilson, a global real estate investment company, has closed a senior construction loan for the development…
According to a recent JLL report, Miami continues to show strong trends regarding flight-to-quality as both new-to-market and existing tenants seek new Class A and Trophy product space.