Multifamily

Paul Grosman's 240 Meeker Ave. Corporation obtained the financing arranged by Berkadia.

Creating a long-term strategy and planning to hold through the end of the cycle will help mitigate risk for buyers in this market.

In conjunction with the deal, which is expected to close within the next 45 days, the two firms in a joint announcement reported that Roseview Group CEO Vince Costantini will serve as CEO of the combined firm.

Will the project stand the test of time given the ambition of the country's largest mixed-use development?

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The deal marks the second acquisition for The Michaelson Group this month in the City of Temple Terrace.